Bitcoin (BTC) is in turmoil after the United States announced tariff exemptions for 20 electronic devices, including smartphones, but made it clear that the exemptions are not "reciprocal tariff exemptions."
As of 11:00 a.m. on the 14th, the price of Bitcoin on CoinMarketCap was down 1.29% from the same time the previous day, at $84,170 (approximately 12 million yen).
Bitcoin, which was trading at around $85,000 the previous day, fell to $83,044 that morning. It has since recovered the loss and is trading at around $84,000.
It seems that Bitcoin's volatility has increased due to confusion over the U.S.'s stance on the imposition of reciprocal tariffs. On the 11th (local time), according to foreign media, the U.S. Customs and Border Protection said,
The government announced that 20 items, including smartphones, laptops, hard disk drives, and semiconductor equipment, will be exempt from tariffs.
As the uncertainty subsided to some extent, Bitcoin rose to $85,778 last weekend. However, Bitcoin fell again after U.S. President Donald Trump denied a mutual tariff exemption.
President Trump posted on True Social on the 13th (local time) that "there are no exceptions to the tariffs announced on Friday," and that "no one can accept the unfair trade balance and non-monetary tariffs imposed on the United States."
On the same day, U.S. Secretary of Commerce Howard Lutnick also said in an interview with foreign media that some electronic products were exempt from reciprocal tariffs because of a separate
"This is to impose tariffs," he said, adding, "Tariffs on semiconductors and pharmaceuticals will be announced within the next one to two months."
2025/04/14 11:25 KST
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