Bitcoin experienced sharp fluctuations following President Donald Trump’s April 2 tariff announcement, initially surging to $88,000 before dropping to $82,000.
By April 3, it stabilized around $83,000, with the broader crypto market down over 4%. Major altcoins like Ethereum and Solana also declined over 6%, hitting many months lows.
Analysts see the tariff news as reducing market uncertainty, potentially attracting institutional investors.
Despite higher-than-expected rates, experts believe the clarity could help Bitcoin regain momentum toward $90,000. Bitcoin ETFs, led by BlackRock, recorded $218 million in inflows on April 2, reversing prior outflows.
Kraken’s Thomas Perfumo challenged the idea that institutional interest stabilizes crypto, emphasizing that volatility signals demand for a scarce asset.
- Tottenham Stun Chelsea at Stamford Bridge as Palmer Sees Red and Maddison Suffers Fresh Injury Blow
Tottenham Hotspur delivered a statement victory over London rivals Chelsea… - AFCOM-HS: New Military Medical College Listed on JAMB Portal for 2026/2027 Admission
The Armed Forces College of Medicine and Health Sciences (AFCOM-HS),…Read More “AFCOM-HS: New Military Medical College Listed on JAMB Portal for 2026/2027 Admission” »
Some analysts viewed the sell-off as an overreaction to trade policy concerns, highlighting Bitcoin’s resilience as a store of value.
With ETFs showing strong demand, Bitcoin’s price may stabilize and rise, though market participants remain cautious, monitoring trade policies and economic conditions.
