Bitcoin (BTC) has been hovering around the $83,000 mark since U.S. President Donald Trump announced the imposition of tariffs, with some calling it "digital gold."
As of 10:30 a.m. on the 3rd, the price of Bitcoin was down 0.51% from the same time the previous day to $82,986 (approx.
The price of Bitcoin fell to $81,302 the previous day, but recovered its losses and reached $83,307 at 1 a.m. on the same day. The previous day, Bitcoin was
Prices have plummeted in the past when the U.S. announced it would impose tariffs on countries around the world. President Trump had announced the previous day that he would impose a minimum 10% basic tariff on all countries and a higher tariff on major trading partners.
Bitwise analyst Ryan Rasmussen said, "The market is in turmoil over the U.S. tariffs," and "Even without the fear of U.S. tariffs,
"If that had happened, Bitcoin would have surpassed $150,000," he said. Investor sentiment towards cryptocurrencies also appears to have worsened. The cryptocurrency fear and greed index is at 28 points, indicating "fear."
The Fear and Greed Index is a number between 0 and 100 that indicates investment demand in the cryptocurrency market. The closer to 100, the greater the demand.
2025/04/04 13:03 KST
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