#USChinaTensions Bitcoin Test $84,000 While the Market Watches a Reversal

Bitcoin (BTC) briefly traded above $84,000 before stabilizing around $83,796, an increase of more than 4.5% in 24 hours. Despite the recent volatility, BTC appears resilient against economic and policy uncertainty.

The tariff confrontation between the U.S. and China remains a significant factor in the market. President Trump recently paused most global tariffs for 90 days while increasing taxes on Chinese goods to 145%, leading Beijing to respond with tariffs of 125% on U.S. imports.

This back-and-forth caused a wave of volatility but also gave Bitcoin room to breathe as traders digested the geopolitical impact.