Bitcoin briefly hit a new all-time high above $112,152 breaking the previous mark of $112,000
Bitcoin's price has been rising over the past few days as the Trump administration's new tariff date has eased concerns about imminent volatility.
U.S. Treasury Secretary Scott Bessent said over the weekend that tariffs, initially unveiled in April, will take effect on Aug. 1 for countries without a trade agreement with the United States. He added that the tariff level will revert to the rates in effect as of April if negotiations fail before that date
