Bitcoin price tags $86K as Trump tariff relief boosts breakout odds

Date: 2025-04-13

Bitcoin (BTC) hit an eleven-day high on April 13 as the crypto market relief rally closely tracked US financial policy changes.BTC/USD 1-hour chart. Source: Cointelegraph/TradingViewBitcoin traders say brace for more volatilityData from Cointelegraph Markets Pro and TradingView showed BTC/USD reaching $86,000 for the first time since April 2.The pair had reacted well to news that US President Donald Trump had decided to exclude certain key products from his ongoing trade tariffs against China.Traditional markets are closed on weekends —creating lower-liquidity trading in crypto markets and raising the chance for price volatility— with Bitcoin subsequently dropping under $84,000.With hours to go until the weekly close, BTC/USD was thus up 7%...

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