Santiment: The tariff exemption policy has triggered a positive response in the cryptocurrency market, with Bitcoin breaking through the resistance level of $83,000

2025-04-13 08:47:19

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ChainCatcher news, Santiment posted that Trump's tariff exemption policy over the weekend triggered a sudden rise in the cryptocurrency market. Compared to 24 hours ago, the impact of high import costs on the tech industry has significantly weakened, and Bitcoin has reached a high of $85,900.

Historically, crypto assets like Bitcoin often move in tandem with tech stocks, especially when investor sentiment shifts towards higher-risk assets. When tech stocks perform well, investors tend to feel more confident in purchasing cryptocurrencies. Therefore, Trump's tariff exemption policy has dispelled the clouds hanging over the tech industry, indirectly alleviating the pressure on the crypto market. In fact, just hours after the news broke, Bitcoin rebounded to the weekend high of $85,900, breaking through the resistance level around $83,000.

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