Bitcoin Price Struggles with Resistance

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Bitcoin Facing Instant sell-offs, Gold Taps $3,150 All-Time High after Trump Slammed Tariffs on India and UK

Summary

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67% Informative

Bitcoin price plunged as low as $82,143 on April 2, 2025 , as markets reeled from President Donald Trump ’s sweeping tariff announcement.

Trump revealed aggressive reciprocal tariff rates on numerous trade partners, including India and the European Union .

The new tariffs include a 26% “discounted reciprocal tariff” on Indian imports, 20% on European Union goods, and 34% on Chinese exports.

Gold ( XAU ) price surged to new all time highs above $3,156 , within hours of the announcement.

Bitcoin price is stabilising near $ 83,178 after testing the $ 82k support level.

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