Bitcoin Reacts to Trump’s Reciprocal Tariffs: Market Volatility and Expert Opinions

President Trump announced reciprocal tariffs on April 2, 2025, triggering market reactions in various sectors. Bitcoin experienced a notable surge of 2.1% on April 1st, 2025, amidst this uncertainty. Experts offer mixed viewpoints about the cryptocurrency’s future. Robert Kiyosaki predicts a significant decline for Bitcoin alongside gold and silver, while Fred Krueger maintains optimism about Bitcoin’s potential in times of global economic upheaval. Bitcoin’s price climbed above $85,000 following President Trump’s tariff announcement. Cryptocurrency stocks like Scientific and CleanSpark saw substantial gains, while tech companies experienced market declines due to cautious investor sentiment regarding the tariffs. Dan Greer suggests Bitcoin could either mirror the volatility of tech stocks or decouple from them if seen as a hedge against economic disruptions. The broader implications include potential regulatory adjustments in international trade and a shift towards viewing Bitcoin as an asset with hedging capabilities. Historical data indicates past performance shows potential for profitability, with Bitcoin averaging a 12% monthly return in April.