The Bitcoin price has shown a continuous decline since January, reaching $77,158.52 during 11:30 AM WAT on Monday April 7, which represents a substantial decrease from its initial $94,419.76 opening value this year.
The market loss of $291 billion stems from an 18.28% decrease in Bitcoin value. President Donald Trump’s implementation of trade tariffs on every export to the United States has triggered a major shakeup in financial markets thus causing the price decline.
The price of Bitcoin stands 6.65% below its previous Saturday close of $83,504.80 on April 5, 2025. The cryptocurrency demonstrated strong performance following Trump’s electoral win because the president had shown backing for digital currencies which created expectations about America becoming a global Bitcoin leader.
Bitcoin showed its worst first-quarter performance since 2018 because recent tariff policies combined with economic uncertainty caused market pressure to decrease.
Analytical research indicates that while the market experiences a downturn, several experts expect a positive outcome.
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Analyst Valentin Fourner from BRN explained that the market shows declining volatility and institutions are resuming their buying activities. Bitcoin will soon recover speed to try another upward push toward $90,000.
Throughout the period of global financial market turmoil between trade tensions and economic challenges industry specialists and investors track Bitcoin’s performance.
Professional investors showing growing interest in cryptocurrency has sparked beliefs that Bitcoin may recover its value in upcoming months.