JPMorgan Highlights Mounting Pressures on Bitcoin as Tariffs Intensify

Tekedia | 05-04-2025 06:42am |

JPMorgan’s recent analysis, as of April 2025, highlights mounting pressure on Bitcoin’s “digital gold” narrative amid the escalating U.S.-China trade war and market turmoil. The bank points to Bitcoin’s sharp reversal—dropping from $84,600 to $83,000 on April 4 after China’s 34% tariff retaliation—as evidence that it’s behaving more like a risk asset than a safe-haven [...]The post JPMorgan Highlights Mounting Pressures on Bitcoin as Tariffs Intensify appeared first on Tekedia.

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