On Monday, Bitcoin continued to rise, recovering from the 2025 lows noted earlier this month as it approached the $77,000 mark.
During recent trading, BTC exceeded the $88,000 level for the first time since March 7, reaching a local maximum of $88,860. As of 17:23 Moscow time, the main digital coin was trading up 4.19% at $88,580.
Cryptocurrencies are showing a positive start to the week along with risky assets in general.
Last Friday, Trump somewhat softened his position on tariffs, stating that there would be 'flexibility' regarding the so-called reciprocal tariffs, which are expected to be introduced on April 2.
In particular, the administration may exempt some countries from the upcoming reciprocal tariffs, while not introducing new separate duties on cars, pharmaceuticals, and semiconductors.
Investor attention is also focused on the negotiations between representatives of Russia and the USA in Riyadh, which have been ongoing for more than ten hours.