Bitcoin's price has experienced a decline following President Donald Trump's recent announcement of new tariffs, which has heightened global trade tensions and led investors to move away from riskier assets. On Thursday, April 3, 2025, Bitcoin's price fell below $82,000 in response to these developments. Although there was a modest recovery on Friday, with prices climbing toward $84,000, Bitcoin remains significantly below its February highs.
Cryptodnes.
The imposed tariffs are also impacting the cryptocurrency mining industry. China, a major supplier of mining equipment, now faces a 34% export tariff on its products to the U.S., adding pressure on American miners by increasing equipment costs and potentially disrupting supply chains.
Cryptodnes.
The imposed tariffs are also impacting the cryptocurrency mining industry. China, a major supplier of mining equipment, now faces a 34% export tariff on its products to the U.S., adding pressure on American miners by increasing equipment costs and potentially disrupting supply chains.
Trade closed: target reached
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.