The post Stabilizes at $84,400 as China Electronics Receive Tariff Exemptions appeared on BitcoinEthereumNews.com.

TLDR Bitcoin is currently trading around $84,400, remaining below the psychological resistance level of $85,000 Long-term Bitcoin holders are experiencing a 2-year low in profits according to the MVRV Long/Short Difference indicator Electronic imports from China will be temporarily exempt from Trump’s tariffs, providing some market relief Long-term holders have sold over 6,596 BTC (worth over $550 million) in the past two weeks Michael Saylor of Strategy has hinted at potential additional Bitcoin purchases despite the company’s $5.9 billion unrealized loss Bitcoin’s price is holding steady around $84,400 on Monday as markets react to partial trade tariff relief between the US and China. The world’s largest cryptocurrency has struggled to break past the $85,000 resistance level for nearly two months, creating pressure for long-term investors. Recent market data shows Bitcoin recovered from lows of $74,000 but remains trapped under key resistance levels. This comes as the cryptocurrency market navigates through economic uncertainty and changing investor sentiment. Tariff Exemptions Provide Limited Relief The White House announced that electronic imports from China will be exempt from President Trump’s reciprocal tariffs. This exemption covers a large portion of China’s trade surplus with the US and has helped ease immediate concerns about economic impact. However, President Trump clarified on Sunday that these exemptions are only temporary. He stated plans to announce separate tariffs specifically targeting electronics and semiconductors in the future. The ongoing trade tensions have escalated dramatically, with Trump raising cumulative tariffs on China to 145%. Beijing has responded with retaliatory tariffs of 125%. These trade tensions have contributed to Bitcoin’s price volatility. Cryptocurrencies, as speculative assets, typically underperform during periods of economic uncertainty. Traders remain cautious as recession fears grow in the US market. This economic outlook continues to dampen risk appetite for assets like Bitcoin. Long-term Holders Face Profit Squeeze Bitcoin’s…

---

Filed under: News - @ April 14, 2025 8:25 am