$BTC Bitcoin Testing $84,000 as Market Aims for Reversal

Bitcoin (BTC) traded above $84,000 before closing near $83,796, up more than 4.5% in 24 hours. Despite recent volatility, BTC appears resilient in the face of economic uncertainty and policy changes.

The US-China tariff standoff remains a key market factor. President Trump recently suspended most global tariffs for 90 days while raising levies on Chinese goods to 145%, prompting Beijing to respond with a 125% tariff on US imports.