Bitcoin Soars Amid Tariff Drama

- Bitcoin recorded a sharp surge, surpassing $80,000 after Trump's announcement regarding the tariff delay. This signifies an increase of over 6% in 24 hours! 🚀

- Traders are shifting from risky stocks to crypto, seeking opportunities amid uncertainty. Altcoins such as Ethereum, XRP, Solana, and Dogecoin are also on the rise.

- Crypto stocks like Coinbase and MicroStrategy have also surged. This indicates that Bitcoin is being used as a hedge against monetary policy uncertainty.

- Arthur Hayes from BitMEX predicts that the devaluation of the yuan could drive more Chinese investors into crypto, as was the case in 2013 and 2015. If this happens again, Bitcoin could continue to rise.