$BTC According to PANews US President Donald Trumps recent tariff exemption policy over the weekend has led to a significant surge in the cryptocurrency market 🚀 Bitcoin reached a high of $85900 overcoming resistance around $83000 as the technology sectors burden from high import costs eased considerably compared to 24 hours earlier ⏳
historically cryptocurrencies like Bitcoin tend to move in tandem with tech stocks especially when investor sentiment shifts towards riskier assets 📈 Trumps tariff exemption policy has lifted the cloud over the tech industry indirectly alleviating pressure on the crypto market 💡 within hours of the announcement Bitcoin rebounded to its weekend peak 🔝
the exemption of tariffs on semiconductors and computer components is seen as a longterm benefit for the crypto ecosystem 💻 these components are crucial for cryptocurrency mining blockchain infrastructure and AIbased crypto tool development ⚙️ continuous and affordable production and supply of these parts ensure the smooth operation of the crypto industry including exchanges wallet providers and tech startups focused on blockchain solutions 🔗
despite the complexity and unpredictability of Trumps trade policies the targeted exemption for tech equipment provides clear shortterm policy direction and eases market pressure 🎯 investors are now more confident that inflation in consumer electronics will be avoided and companies wont be forced to raise prices or cut innovation 💡 while this doesnt signal the end of tariff concerns it does alleviate one of the major worries facing the cryptocurrency sector 😌
the crypto market has shown a moderate bullish response and the stock market is expected to rise on Monday further boosting Bitcoin and altcoins 🚀 however after the initial reaction the market dynamics will become more intriguing and widespread FOMO sentiment could stifle any upward trend 🎢
