Bitcoin, the world's largest cryptocurrency, jumped by more than 5%, reaching $90,313 after a Trump administration official hinted that the U.S. might roll back some tariffs on Mexico and Canada. U.S.
Bitcoin's fundamentals held up well during the latest dip, suggesting underlying strength, Swissblock analysts said.
Bitcoin jumped more than 6% after Trump announced a one-month delay on auto tariffs for Canada and Mexico, easing market concerns.
Bitcoin plunged more than 15% following former U.S. President Donald Trump’s threat to impose new tariffs on China, Mexico, and Canada.
Bitcoin sees a strong recovery as altcoins rally, but market uncertainty lingers—analysts offer mixed outlooks on BTC’s next move.
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Learn how to buy Bitcoin in Canada using exchanges, ATMs and wallets. Explore regulations, taxes and secure storage options in this easy guide.
Bitcoin's price was buoyed Wednesday on hopes President Trump would soften the punishing tariffs on key trade partners Canada and Mexico.
The price of Bitcoin slipped below $82,000 Tuesday, reversing recent gains as President Trump’s 25% tariffs on Mexico and Canada took effect.
Bitcoin and Ethereum extend gains as Trump delays auto tariffs and a Trump-linked wallet buys $10M in BTC and ETH ahead of the White House Crypto Summit.
Bitcoin rebounds after U.S. Commerce Secretary Howard Lutnick hints at possible tariff relief, while Satoshi-era Bitcoin wallets moves $22 million after 14 years.
But as of this writing, Bitcoin's price has retreated more than 20% to about $84,000. That decline can be largely attributed to the Trump administration's plans to impose or raise tariffs, which are stoking fears of higher inflation and elevated interest rates.
Bitcoin (BTC) has declined by more than 15% since Feb. 3—when US President Donald Trump threatened to impose tariffs on China, Mexico, and Canada—and was trading for as low as around $86,400 as of March 5.
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