Bitcoin relief rally fizzles as White House confirms 104% China tariffs -- Will BTC fall to new lows?

Bitcoin’s surprise rebound to $81,180 — which was influenced by fake news regarding a pause on US tariffs — has all but evaporated following White House confirmation that 104% tariffs on China will start on April 9. S&P 500 drops intra-day gains follow White House tariff confirmation. Source: X / Kobeissi Letter After dropping below the $75,000 level for the first time since Nov. 6, 2024, BTC retested a key demand zone that traders hope will provide a safe haven for the bulls. The safe hav...