In a surprising turn, Bitcoin fell back to around $83,000 following China’s announcement of 34% tariffs on all U.S. goods. This retaliatory measure has escalated risk sentiments among traders during European trading hours, exacerbating fears in the cryptocurrency market. As geopolitical tensions mount, Bitcoin faces challenges ahead. Investors must remain agile and informed as the landscape continues to evolve and adjust to these economic signals. With potential fallout looming, the focus shifts to how Bitcoin will navigate this uncertain terrain moving forward.