Bitcoin is over $84,6000 as tensions between the US and China hit a new high after President Trump’s administration imposed a cumulative tariff of up to 245% on Chinese imports.
Although the numbers initially confused, the White House revealed that products, particularly electric vehicles and medical syringes, contain both existing and new taxes.
The new 145% tariffs tiered over the existing ones are the target sectors that are deemed important to the US economic and national security interests. The 20% collection is specifically targeting fentanyl-related imports in what the administration calls “unnegotiable priorities.”
- Total tariff impact: Up to 245% for certain Chinese products
- China’s retaliation: 125% tariff on US goods
- Target sector: EVs, medical devices, high-tech materials
Meanwhile, Trump has made it clear that the US will not be upset. “The ball is in the Chinese court,” he said.
China fights back with tariffs and rare earth control
China responded quickly, slapping 125% tariffs on US exports and filing a WTO case. We have also strengthened export controls for rare earth elements such as gallium and germanium. This is important for defense, semiconductors, and EVS.
A statement from China’s Commerce Department said it was “irrational” to warn of “solid measures” in the event of further escalation in Washington. These TIT-for-TAT movements have shocked the market and raised concerns about a wider global slowdown.
Export restrictions could be hit:
- Aerospace and Automotive Products Chains
- Semiconductors and military technology
- Clean Energy Manufacturing
BTC Outlook: Does Bitcoin gather on the demand for safe shelters?
As traditional markets respond to trade wars, Bitcoin (BTC) has gained attention as a potential hedge against geopolitical risks. BTC currently trades around $84,612, surpassing the major ascending trendline and 50th term EMA by $84,146.
Technical Snapshot:
- Resistance level: $85,500 – More confirmed breakouts can cause momentum $87,400
- Support Zone: $83,879 – Breakdown below this risks nullifying uptrends
- RSI (14): 53.2 – Neutral to slightly bullish for further increase when volume increases, signaling room
With Bitcoin’s historical gathering in an era of macrostress, a sustained breakout of over $85.5k could be a move towards multi-week highs. The current structure remains bullish, but checking the volume is important.
Overview Key Points:
China’s US tariffs hit a record 245%, escalating global trade tensions
- China retaliates with 125% tariffs and rare earth export restrictions
- Bitcoin will consolidate beyond key support, poised for breakouts above $85.5k
- The BTC’s haven story may gain traction amid macroeconomic instability
- Traders should be careful of candles above $85.5K with a volume rise
BTC Bull Token ($btcbull) Pre-Sale is $85k close to $47m as Bitcoin Eye
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Staking Snapshot:
- Annual yield: 92% APY
- Completely bet: 1,211,718,666 BTCBULL
- Always unstable: Flexible reward system
High yields and powerful talkonomics will help drive adoption ahead of the next pre-selling milestone.
Latest pre-update:
- Current token price: $0.002465 per Btcbull
- I’ve grown up so far: $4.7 million target of $5.3 million
With limited time left and demand accelerating, this is an important window to protect BTCBull with pre-sale rates before the next price jump.
Will Bitcoin explode if the US slaps 245% tariffs on China? Here’s the price outlook that first appeared on Cryptonews:
Disclaimer: Includes third-party opinions. No financial advice.
