Trump Crypto Policy Sparks Fears: Will Bitcoin Price Crash in the Crypto Market?

The crypto market was very volatile, with sluggish price movements and macroeconomic overhangs that made the traders cautious. At $83,000, Bitcoin held its pace, and Ethereum, Solana, and XRP followed suit with slight upward movements. On top of that, Donald Trump, known for imposing the so-called reciprocal tariffs within his proposed Trump crypto policy, sent shockwaves through global markets,, with this announcement. Adding more fuel to the bearish sentiment were the weak manufacturing PMI and JOLTS data out of the U.S. Such pressure factors on the  market have made Bitcoin price stability and Trump’s mood swings towards the crypto regulatory policy crucial in determining the investors’ sentiments.

Trump’s Tariffs Rattle Crypto Market: Impact on Bitcoin Price

Recent sweeping tariffs on the part of Donald Trump have taken the crypto world into a roller coaster, which has greatly affected investor confidence. This is part of Trump’s broader economic strategy and has ended with a Bitcoin price dip from $88K down to $83K very shortly after the announcement57. 

Bitcoin is losing touch with the market price, and it is now more sensitive to macroeconomic factors, which have increased with rising institutional involvement within the crypto sector5. Even though Ethereum and XRP rallied, Ethereum traded closely to recent lows, and XRP experienced slight price fluctuations5.

Carnage has been claimed by some analysts to happen now and in the foreseeable future due to the effect of these tariffs, buy Bitcoin fundamentals stay positive for the long term5. The tariffs could have an indirect effect on the cost of mining equipment, investor sentiment, and any other aspect; however, from the stance of Bitcoin’s value proposition as a decentralized hedge, the argument could get stronger in case international trade tensions become tighter5.

Bitcoin Price Analysis of the Last 24 Hours

Bitcoin prices represent a complicated correlation among macroeconomic states and market sentiments majorly agitated by Trump’s crypto policy. Currently, trading in Bitcoin stands at nearly $83,000, drawn by worldwide economic uncertainty concerning the whole global economy in the crypto market. From the chart analysis, it can be said that the price of Bitcoin has shown a neutral trend, as the Relative Strength Index falls within the 30-70 range, indicating that the conditions are neither overbought or oversold. In the same way, there is a bullish divergence noted in the MACD histogram, which indicates a possibility for price reversal.

Chart 1, analysed by anushrivarshney2613, published on TradingView, April 6, 2025

The Bitcoin price has had resistance at higher levels, especially at the $87,000 mark. Currently, there is no strong upward movement in the market structure, with prices fluctuating between support and resistance. Short-term volatility is expected; however, most long-term forecasts are bullish for analysts, foreseeing that in 2025, it will be far above this price. Bitcoin’s fate will be determined in its future journey by the way it responds to the Trump crypto policy.

Future of Bitcoin Price Amid Market Uncertainty

The price future of Bitcoin is mostly very intensely hypothetical speculation previews, which would reflect any macroeconomic problem and the Trump crypto policy affecting the cryptocurrency market. Indeed, short-term volatility remains given worldwide economic uncertainties as well as Trump tariffs, which impose additional pressure on risk assets.

Currently, analysts, amidst Bitcoin’s modest price hovering around $83K, have an optimistic outlook on its sturdiness. Thus, despite a period of stagnation, projections indicate that Bitcoin’s decentralized nature and its scarcity would bolster its standing as a hedge against any traditional financial instability. The outcome of the crypto market pertaining to the Trump crypto policy will be crucial in influencing investor sentiment and price.