PANews reported on April 3rd that, according to Bloomberg, after U.S. President Trump imposed tariffs on global American trade partners, Bitcoin and other major cryptocurrencies experienced price drops, triggering a sharp decline in risk assets. On Thursday morning, Bitcoin dropped by 4% to around $82,000 before narrowing its decline, while other tokens like Ethereum and XRP also fell. Solana's value plummeted by over 9%. Ava Labs President John Wu stated: "As risk assets, cryptocurrencies typically perform poorly during uncertain periods with high interest rates or when trade tariff news is announced." DYOR crypto research platform CEO Ben Kurland commented: "The market may decline short-term, not because of the tariffs themselves, but because of what they represent: the return of policy-driven volatility. Traders hate unpredictability, which signals more uncertainty is coming."

Meanwhile, gold reached a record high of nearly $3,160 per ounce on Thursday, highlighting its safe-haven status. According to a White House briefing, gold is one of the few commodities exempt from tariffs. Digital asset enthusiasts often view Bitcoin as a similar investment refuge, but over the past year, this primitive cryptocurrency has appeared vulnerable during volatile periods. BTC Markets crypto analyst Rachael Lucas noted: "The next major move depends on geopolitics, policy shifts, and whether traders view Bitcoin as a risk or safe haven. For Bitcoin, $80,000 is a level that must be defended."