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Bitcoin breaks $86K as US tariff 'Liberation Day' risks 11% BTC price dip

cryptoweekly by cryptoweekly
April 2, 2025
in bitcoin, News
0

Bitcoin could return to $76,000 lows, analysis warns as risk assets prepare for US trade tariff volatility, but a daily chart breakout is on the cusp of confirming.

Bitcoin (BTC) reached new April highs at the April 2 Wall Street open as markets braced for US “Liberation Day.”

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

Data from Cointelegraph Markets Pro and TradingView showed local highs of $86,444 on Bitstamp, the best performance for BTC/USD since March 28.

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  • Connecticut governor approves law prohibiting crypto use in government
  • Bitcoin analysts say market quickly absorbs selling, paving way for a bullish July
  • Connecticut Governor signs bill banning public officers from using BTC and other crypto assets
  • How to build a Solana DApp for iOS and Android in 15 minutes, no back end needed
  • Swissquote ordered to curb impersonation, fraud attempts
  • Less than 15% Bitcoin left on crypto exchanges signals ‘supply problem’
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