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by: xpoolPosted on: April 8, 2025

Bitcoin Price Plunges After White House Confirms China Tariffs

A brief relief rally for Bitcoin (BTC), which briefly surged past $81,000 after fake news suggested the US would pause tariffs on China, has evaporated following confirmation from the White House that 104% tariffs will take effect today at 12:01 am on April 9. This development has triggered a drop in the S&P 500 and left Bitcoin struggling to hold onto gains.

Related posts:

  1. Bitcoin Plummets Below $90,000 Amid Market Uncertainty
  2. Bitcoin Exceeds $80,000, Triggers Largest Long Liquidation Event of the Bull Run
  3. Crypto Market Feels the Impact of Turmoil Amidst Tariff Concerns
  4. Bitwise CEO Predicts Bitcoin’s ‘Turning Point’ Amid Market Uncertainty
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