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Bitcoin price tags $86K as Trump tariff relief boosts breakout odds

cryptoweekly by cryptoweekly
April 13, 2025
in bitcoin, News
0

Bitcoin price hits an 11-day high in reaction to the Trump administration’s recent changes to its tariffs on China. Traders debate whether the gains will stick.

Bitcoin (BTC) hit an eleven-day high on April 13 as the crypto market relief rally closely tracked US financial policy changes.

BTC/USD 1-hour chart. Source: Cointelegraph/TradingView

Data from Cointelegraph Markets Pro and TradingView showed BTC/USD reaching $86,000 for the first time since April 2.

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Recent Posts
  • Crypto sentiment holds steady as Bitcoin drops to $105K
  • New York AG urges Congress to bolster protections in crypto bills
  • US sanctions crypto wallet tied to ransomware, infostealer host
  • SEC approves conversion of Grayscale's large-cap crypto fund into ETF
  • SOL ETF news gain evaporates, while chart warns of another 20% drop
  • Bitcoin at risk of deeper drop as BTC slips below key support levels
  • US regulator considers simplified path to market for crypto ETFs

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