Bitcoin (BTC) repeated earlier volatility at the April 1 Wall Street open as US trade tariff talk kept markets nervous.
BTC/USD 1-hour chart. Source: Cointelegraph/TradingView
Bitcoin stays erratic ahead of crunch tariffs
Data from Cointelegraph Markets Pro and TradingView showed BTC/USD making rapid moves within its weekly trading range of around $83,000.
US stocks ticked lower at the open, while gold came off fresh all-time highs of $3,149 per ounce.
Talk of recession began to return to the spotlight ahead of US President Donald Trump’s so-called “Liberation Day,” due on April 2 and on which he promised to unveil a new round of trade tariffs.
“Equity markets are clearly pricing-in a recession: The S&P 500 is down -2% since Fed rate cuts began in September 2024,” trading resource The Kobeissi Letter wrote in part of an <a data-ct-non-breakable="null" href="https://x.com/KobeissiLetter/status/1907064949563695333" rel="null" target="null"