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Bitcoin dips below $80K as Trump Canada tariffs halt BTC price comeback

cryptoweekly by cryptoweekly
March 11, 2025
in bitcoin, News
0

Bitcoin price action rebounding past $82,000 was short lived thanks to another US tariff announcement sending crypto and risk assets back to square one.

Bitcoin (BTC) cooled a 7% rebound after the March 11 Wall Street open as familiar headwinds sparked market jitters.

BTC/USD 1-hour chart. Source: Cointelegraph/TradingView

Data from Cointelegraph Markets Pro and TradingView followed BTC/USD as it touched local highs of $82,154 on Bitstamp before consolidating.

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Recent Posts
  • TradFi could move onchain due to ‘horrible banking experiences’
  • Analysts raise chance of SOL, XRP and LTC ETF approval to 95%
  • Bitcoin ‘vertical acceleration’ off the table for now: Bitfinex
  • Circle applies for US trust bank charter to manage its USDC reserve
  • SOL price rallies to $161 after ETF news, but is the rally sustainable?
  • ETH trading pattern points to 100% rally to $5,000: What are the odds?
  • Bitcoin holds steady as major catalysts align for breakout above $110K

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