Bitcoin dips below $80K as Trump Canada tariffs halt BTC price comeback

Mar 12 2025 bitcoin


Bitcoin price action rebounding past $82,000 was short lived thanks to another US tariff announcement sending crypto and risk assets back to square one.

Bitcoin (BTC) cooled a 7% rebound after the March 11 Wall Street open as familiar headwinds sparked market jitters.

BTC/USD 1-hour chart. Source: Cointelegraph/TradingView

Data from Cointelegraph Markets Pro and TradingView followed BTC/USD as it touched local highs of $82,154 on Bitstamp before consolidating.

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