#ArbitrageTradingStrategy O Bitcoin (BTC) renewed its all-time high amid the new tariff offensive by former President Donald Trump, reaching US$ 112.500 this Thursday (10). The Republican announced the imposition of tariffs ranging from 20% to 50% for 22 countries. Brazil, for political and economic reasons, received the highest rate of 50%, according to a letter released by Trump.

Before the record, the largest cryptocurrency in the market was slightly retreating today, to the level of US$ 111.500, contrasting with the futures of the main U.S. stock indices, which were trading lower this morning. According to experts, the asset continues to have buying strength, which suggests the continuation of the upward movement.

"The next targets for the rise are at the early levels of the Fibonacci extension, in the price ranges of US$ 112.200 and US$ 114.500," said Ana de Mattos, technical analyst and trading partner at Ripio, one of the largest crypto asset platforms in Latin America.