Bitcoin Pops and Drops as Markets Swing Wildly on Tariff News
Portfolio Pulse from
Markets experienced extreme volatility following rumors of potential tariff implementation delays. Bitcoin and other cryptocurrencies saw significant price movements, with BTC briefly rising to $80,000 before retreating. The White House denied tariff delay rumors, and global trade negotiations remain ongoing.
April 07, 2025 | 3:30 pm
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Bitcoin price oscillated between $74,400 and $80,000, ultimately settling around $79,000, down 4.3% in 24 hours due to market uncertainty and conflicting trade negotiation signals.
Cryptocurrency prices are highly sensitive to market sentiment and geopolitical news. The conflicting signals about tariffs and trade negotiations created significant short-term volatility for Bitcoin.
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IMPORTANCE 85
RELEVANCE 100