Bitcoin Seesaws Despite Tariff Truce and Cooling Inflation.
đšThe digital asset surged to $83K late Wednesday on news of President Donald Trumpâs 90-day tariff pause. But even lower inflation couldnât curb its descent back to $79K Thursday morning
âŞď¸Tariff Pause and Lower Inflation Fail to Steady Bitcoinâs Choppy Trading.
đšBitcoin roared past $83K late Wednesday after President Donald Trump declared a 90-day pause on all global U.S. tariffs and simultaneously slapped China with a 125% tax âbased on the lack of respect that China has shown to the worldâs markets.â
The cryptocurrencyâs price, at the time of reporting, is trading at $79,292.72, a surprising pullback given the lower inflation numbers reported by the Bureau of Labor Statistics released early Thursday.
đśOrange Man, The King Maker
đšTrump paused all global U.S. tariffs on Wednesday afternoon, sending both traditional and crypto markets on an almost immediate surge. BTC climbed from $77K to $81K, reachi
ng $83K later in the evening.