Bitcoin remains stable while Dogecoin dips following U.S.-China tariff news, affecting major cryptocurrencies.
- Bitcoin shows stability, Dogecoin faces decline amid international tariff tensions.
- Dogecoin down over 4-5% in 24 hours.
- Bitcoin maintains support near $93,000.
On April 24, 2025, Bitcoin held stable around $93,000, while Dogecoin declined amid U.S.-China tariff tensions affecting crypto markets.
The tensions introduce short-term market volatility; however, Bitcoin’s ETF inflows display resilience, supporting its stable performance despite tariff-related pressures.
Tariff Tensions Induce Divergent Crypto Market Reactions
Recent tariff tensions between the U.S. and China influenced the cryptocurrency market, with Bitcoin showing stability and Dogecoin declining over 4%. Increased ETF inflows for Bitcoin suggest strong institutional interest.
U.S. and China trade relations remain tense, causing market fluctuations across multiple cryptocurrencies. Bitcoin’s stability contrasted with Dogecoin’s recent loss, underscoring divergent market responses.
Dogecoin Drops 4% as Bitcoin Remains Resilient
The crypto market saw substantial shifts, primarily affecting Dogecoin with a significant drop. Bitcoin maintained its price range, benefiting from reduced pressure due to short position liquidations.
Financial analysts noticed a resilient demand for Bitcoin as a store of value. The broader crypto market reacted with decreased market cap, highlighting the effects of tariff uncertainties.
Expert Insights: Bitcoin’s Resilience During Tariff Disputes
Previous tariff disputes have resulted in short-lived market volatility, similar to the current situation. Historically, Bitcoin’s quick recovery from such events positions it as a stable crypto asset.
Experts point to historical trends where macroeconomic tensions trigger short-term volatility but strengthen institutionally backed assets like Bitcoin, paving the way for potential recovery. As noted by Piyush Walke, Derivatives Research Analyst at Delta Exchange:
“Despite ongoing global uncertainties, including escalating tensions and a looming trade conflict between the U.S. and China, the crypto markets are showing impressive resilience.”
| Disclaimer: The information on this website is for informational purposes only and does not constitute financial or investment advice. Cryptocurrency markets are volatile, and investing involves risk. Always do your own research and consult a financial advisor. |
