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Bitcoin price tags $86K as Trump tariff relief boosts breakout odds

cryptoweekly by cryptoweekly
April 13, 2025
in bitcoin, News
0

Bitcoin price hits an 11-day high in reaction to the Trump administration’s recent changes to its tariffs on China. Traders debate whether the gains will stick.

Bitcoin (BTC) hit an eleven-day high on April 13 as the crypto market relief rally closely tracked US financial policy changes.

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

Data from Cointelegraph Markets Pro and TradingView showed BTC/USD reaching $86,000 for the first time since April 2.

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Recent Posts
  • Russia goes after illegal miners with new registry for crypto mining rigs
  • Hong Kong prepares third batch of tokenized bonds, eyes more offerings
  • OKX CEO apologizes after ‘false positives’ lock users out of accounts
  • Robinhood’s 24/7 tokenization push threatens NYSE revenues: Galaxy Digital
  • ‘Small possibility’ $8.6B Bitcoin transfer was a hack: Coinbase exec
  • Bitcoin treasury playbook faces ‘far shorter lifespan’ — Analyst
  • Bitcoin price falls to $107K despite $1B spot BTC ETF inflow — What’s behind the move?

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