#BTCRebound
Bitcoin Tests $84,000 as Market Eyes 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.
The US-China tariff stalemate 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.
This back-and-forth sparked a wave of volatility but also gave Bitcoin some breathing room as traders digest the geopolitical impact.