On April 9, 2025, the Bitcoin (BTC) currency experienced a significant decline in value. Its price dropped by 4.2% to reach $76,523.5, after hitting a low of $74,600. This decline comes amid escalating trade tensions between the United States and China, as the United States imposed a 104% tariff on Chinese imports, and China responded by increasing tariffs to 84% on American imports. These developments negatively impacted global financial markets, including the cryptocurrency market.