Golden Finance reported that on April 2, the Trump administration announced the implementation of a comprehensive reciprocal tariff policy, hoping to reverse the $1.2 trillion commodity trade deficit. The move caused the S&P 500 to plummet by 9.7% in two days, and its market value evaporated by $5.4 trillion, the largest drop in history, surpassing the $3.3 trillion record when the epidemic collapsed in March 2020. The Nasdaq 100 index technology stocks were slaughtered, with a single-day decline of record since 2022. Bitcoin fell by just 3.7% over the same period, holding on to the key support level of $82,000. Analysts are confident about Bitcoin’s upside potential for the remainder of 2025, and Real Vision’s chief crypto analyst Jamie Coutts said the growing money supply could push Bitcoin’s price above $132,000 by the end of 2025.