April has been dominated by discussions around tariffs, with the US government, under Donald Trump’s administration, implementing a series of sweeping trade measures targeting imports. These new tariffs, some as high as 46%, impacted a wide range of countries, including China, India, Vietnam, and others.
The crackdown didn’t stop there. Several investigations into industries like pharmaceuticals, electronics, and mineral imports are currently underway, signaling that the US government may expand its trade controls even further. The conflict with China escalated significantly when the US imposed a massive 245% retaliatory tariff on Chinese goods.
These aggressive moves have already started to disrupt global supply chains, spurring uncertainty in various markets. Traditionally, assets like gold and Bitcoin (BTC) are positioned as safe havens during economic turbulence. However, while gold has maintained its value and shown resilience, Bitcoin, often referred to as the “king coin,” has been slipping.
How Much Has Bitcoin (BTC) Dropped Since The Tariff Announcement?
According to data from CoinMarketCap, Bitcoin has experienced a notable decline of over 16% following the recent tariff announcement. Earlier in 2025, Bitcoin captured global attention by soaring to an all-time high of $109,114.88, marking a milestone as it finally broke through the long-anticipated $100,000 threshold.
This rally was celebrated worldwide, with many analysts predicting further upside. However, the bullish momentum was short-lived, as external pressures drove the world’s largest cryptocurrency down to a low of $74,436.68, representing a sharp correction.
At the time of writing, Bitcoin has shown signs of recovery, with its price stabilizing at $84,034.89. Despite the recent volatility, Bitcoin’s performance in 2025 remains a focal point for both investors and the broader financial market.
Several other markets experienced larger declines. While Bitcoin remains volatile, its recent drop places it between the Nasdaq and oil, suggesting a modest recovery rather than safe-haven behavior. This has led the community to question Bitcoin’s reliability as a safe-haven asset.
Meanwhile, gold remained strong despite slipping from its all-time high, holding steady in the market. Since the tariff announcement, gold has risen by 12.9%, making it the only asset to see gains. In contrast, CryptoQuant reported that silver and the US dollar index both dropped by 4.8%, while the S&P500 saw a significant loss of 13.8%.
Also Read: 3 Exciting Ways to Enjoy When Shiba Inu (SHIB) Reaches $0.01
Disclaimer
The information in this article should not be considered financial advice, and the OvenAdd platform is intended only to provide educational and general information. Please conduct your own research and consult a financial advisor before making any investment choices.
