4/2 "Tariff Liberation Day" is approaching, and Bitcoin is facing the 80,000 defense battle.

As the "Tariff Liberation Day" on April 2 approaches under President Trump's administration, cryptocurrency traders are flocking to the options market to hedge against the risk of further price falls. The open contracts for put options with a strike price of $80,000 are the highest among the contracts expiring on April 4, indicating a growing demand for downside protection.

Bitcoin faces the battle to defend 80,000.

Data from the Deribit options exchange shows that on the expiration date this Friday, 4/4, the open interest for put options with a strike price of $80,000, specifically the ( put option, has reached as high as 2,880 contracts. The surge in purchases of put options indicates a growing demand among investors for downside protection, as put options give holders the right to sell at a specific price within a certain period.

The put/call ratio for options expiring on April 4 at Deribit is 1.36, indicating a strong preference in the market for put options, as it allows for locking in losses from a price fall. The continuous rise in gold also highlights the growing concerns among people.

Bitcoin has fallen 25% from its peak.

Last week, Trump signed an order to impose a 25% tariff on imports of cars and auto parts. The "Tariff Liberation Day" on April 2 is approaching, increasing market uncertainty.

) The United States ignites a storm in the automotive trade: Trump's "Liberation Day" tariffs reshape the global car market (

A series of crypto-friendly declarations announced by Trump upon taking office once pushed the price of Bitcoin to a historic high of $109,588 in January, but his current trade policies have led to a correction of over 25% in BTC prices.

Bitcoin dropped to $81,565 this morning. With the approach of tariff day and the expiration of a large number of contracts, could this trigger a massive liquidation crisis in the market? Has the repeatedly tested 77K by the market already become the bottom? Or will it further drop to the 70K level? In a market filled with uncertainty, investors must manage their positions and risks carefully.

) Market focus returns to the tariff war, BTC consolidating, Arthur Hayes: 77K may be the bottom (

This article 4/2 "Tariff Liberation Day" is approaching, Bitcoin faces an eighty thousand defense battle first appeared in Chain News ABMedia.