$BTC rises today but still hasn't returned to the $100,000 mark
-
As of February 6, 2025, Bitcoin's price remains below the $100,000 mark, influenced by the recent trade war initiated by the United States. The U.S. has imposed new import tariffs on China, Canada, and Mexico, leading to market caution. As of 10:50 AM (Brasília time), Bitcoin was trading at approximately $98,200, reflecting a 0.36% decline over the past 24 hours.
Investors are closely monitoring the macroeconomic implications of these trade measures. While the U.S. temporarily suspended 25% tariffs on Canadian and Mexican products after agreements to enhance border security, China has retaliated with its own tariffs on U.S. goods, including coal and liquefied gas. This escalating trade tension has heightened market concerns, contributing to Bitcoin's current price movements.