{"id":22986,"date":"2025-04-13T12:11:10","date_gmt":"2025-04-13T09:11:10","guid":{"rendered":"https:\/\/forklog.com\/en\/bitcoin-tests-85000-amid-easing-of-semiconductor-tariffs\/"},"modified":"2025-04-13T12:11:10","modified_gmt":"2025-04-13T09:11:10","slug":"bitcoin-tests-85000-amid-easing-of-semiconductor-tariffs","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/bitcoin-tests-85000-amid-easing-of-semiconductor-tariffs\/","title":{"rendered":"Bitcoin Tests $85,000 Amid Easing of Semiconductor Tariffs"},"content":{"rendered":"<p>US President Donald Trump has exempted a range of technological goods from &#8220;reciprocal tariffs,&#8221; according to a <a href=\"https:\/\/content.govdelivery.com\/bulletins\/gd\/USDHSCBP-3db9e55?wgt_ref=USDHSCBP_WIDGET_2\">press release<\/a> from the US Customs and Border Protection. Bitcoin surpassed the $85,000 mark.<\/p>\n<p>The announced tariff changes cover computers, smartphones, semiconductors, solar panels, displays, and several types of data storage devices.<\/p>\n<p>Experts view this as a favorable development for American tech companies.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">Today&#8217;s tariff exemptions on smartphones, computers, and chip-makers make it clear:<\/p>\n<p>Large cap technology companies will ultimately come out ahead when this is all said and done.<\/p>\n<p>Small caps and small businesses will come out behind.<\/p>\n<p>Large caps will get larger at small caps&#8217;\u2026<\/p>\n<p>\u2014 The Kobeissi Letter (@KobeissiLetter) <a href=\"https:\/\/twitter.com\/KobeissiLetter\/status\/1911074827927953907?ref_src=twsrc%5Etfw\">April 12, 2025<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p><em>&#8220;When all this is implemented, large-cap companies will come out ahead. [\u2026] Large ones will grow at the expense of smaller ones,&#8221; noted specialists from Kobeissi Letter.<\/em><\/p>\n<\/blockquote>\n<p>The cryptocurrency market <a href=\"https:\/\/x.com\/FTDA_US\/status\/1910717052882477271\">shows<\/a> a correlation with this sector, indicating positive prospects. Within 10 days of the announcement of &#8220;reciprocal tariffs,&#8221; traditional finance and the crypto market responded with growth to news of their easing.<\/p>\n<p>Amid the news, the <a href=\"https:\/\/www.tradingview.com\/chart\/?symbol=NASDAQ%3AIXIC\">Nasdaq Composite<\/a> index rose by 2% in a day, while the <a href=\"https:\/\/www.tradingview.com\/chart\/?symbol=SP%3ASPX\">S&#038;P 500<\/a> increased by 1.8%.<\/p>\n<p>The price of Bitcoin briefly exceeded $85,500, marking a local high during the period of <a href=\"https:\/\/u1f987.com\/en\/news\/trump-declares-liberation-day-with-new-tariffs\">&#8220;liberating&#8221; tariffs<\/a>.<\/p>\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/lh7-qw.googleusercontent.com\/docsz\/AD_4nXePg6La8c2-yjB2Mr559Yw9Lm-nHFPaqaAxglMmwG5bB0Dq0Y0xXh3DhN2Xf1GPS35XDtyt61O78DBVhEmr2sO_DVaTmomtRYmlYyrcep6GlUDB9cwQ1Zgs97uZwSiTnt4wPCv4zg?key=vAW67Hf7VfDj17l8veu8vLNr\" alt=\"Bitcoin Tests $85,000 Amid Easing of Semiconductor Tariffs\"\/><figcaption class=\"wp-element-caption\">Hourly BTC\/USD chart from Binance. Data: <a href=\"https:\/\/www.tradingview.com\/chart\/?symbol=BINANCE%3ABTCUSD\">TradingView<\/a>.<\/figcaption><\/figure>\n<p>At the time of writing, the rate stands at approximately $84,700.<\/p>\n<p>Earlier, specialists from 10x Research <a href=\"https:\/\/u1f987.com\/en\/news\/10x-research-deems-bitcoins-bullish-impulse-premature\">described<\/a> the positive expectations from the 90-day tariff pause as &#8220;premature.&#8221;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>US President Donald Trump has exempted a range of technological goods from &#8220;reciprocal tariffs,&#8221; according to a press release from the US Customs and Border Protection. Bitcoin surpassed the $85,000 mark. The announced tariff changes cover computers, smartphones, semiconductors, solar panels, displays, and several types of data storage devices. Experts view this as a favorable [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":22985,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[18,480,1138,26],"class_list":["post-22986","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-bitcoin","tag-bitcoin-price","tag-opinions","tag-usa"],"aioseo_notices":[],"amp_enabled":true,"views":"107","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/22986","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=22986"}],"version-history":[{"count":0,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/22986\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/22985"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=22986"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=22986"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=22986"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}