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Bitcoin had a volatile run yesterday, April 2, 2026, as the market reacted sharply to a "perfect storm" of geopolitical and economic news. The digital asset slipped about 2.4%, struggling to hold the $66,500 level after failing to break back above $68,000.
Much of the downward pressure stemmed from a "risk-off" sentiment following President Trump’s announcement of new "Liberation Day" tariffs and signals of continued military action in Iran. This sent oil prices soaring and forced investors to liquidate riskier assets, with $BTC hitting an intraday low of roughly $65,700.
Despite the dip, the underlying market structure showed some resilience. While demand remains in what analysts call a "deep contraction," steady ETF inflows—totaling about $186 million over the last two sessions—provided a much-needed cushion against a deeper sell-off.
Traders are currently eyeing the $65,000 support zone closely; as we head into the Easter holiday, the lack of a clear catalyst suggests we might stay range-bound. For now, the bulls are looking for a sustained move back above $69,000 to regain momentum, while the bears are betting on macro headlines to keep the pressure on.