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

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Bitcoin price hits an 11-day high in reaction to the Trump administration’s recent changes to its tariffs on China. Traders debate whether the gains will stick.

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/TradingView

Data from Cointelegraph Markets Pro and TradingView showed BTC/USD reaching $86,000 for the first time since April 2.

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