$BTC The price of Bitcoin has jumped sharply in the past few days, surpassing the $97,000 level, after a long period of decline, with investors shying away from high-risk assets and widely seeking safe havens due to escalating trade tensions.

Investor fears of a recession in the U.S. economy due to the protectionist trade policies of President Donald Trump and the high tariffs imposed on major trading partners of the United States have led to a strong wave of volatility in the cryptocurrency market.