#BTCvsMarkets nstability.

Meanwhile, gold surged above $3,200, hitting a record high as investors sought safe-haven assets.

Bitcoin Tests $84,000 as Market Eyes Reversal

Bitcoin (BTC) briefly traded above $84,000 before settling near $83,796, up over 4.5% in 24 hours. Despite recent volatility, BTC appears resilient in the face of economic and policy uncertainty.

The U.S.-China tariff standoff remains a major market factor. President Trump recently paused most global tariffs for 90 days, while increasing levies on Chinese goods to 145%, prompting Beijing to respond with 125% tariffs on U.S. imports.

This back-and-forth spurred a wave of volatility, but also gave Bitcoin room to breathe as traders digested the geopolitical impact.

Arthur Hayes: Bitcoin Entering 'UP ONLY' Mode Amid Bond Chaos

Former BitMEX CEO Arthur Hayes believes Bitcoin is entering "up only mode," citing growing dysfunction in the $29 trillion U.S. Treasury market.

10-year Treasury yields surged to 4.59%,

The bond market saw its steepest weekly drop since 2019,

The U.S. Dollar Index (DXY) fell below 100—its worst performance in over two years.

“We will be getting more policy response this weekend if this keeps up,” Hayes tweeted.

“We are about to enter UP ONLY mode for $BTC.”

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