$BTC Bitcoin briefly soared past $84,000 before settling around $83,796, marking a strong 4.5% gain in just 24 hours. Despite ongoing market turbulence, the leading cryptocurrency continues to show remarkable resilience amid global economic and policy uncertainty.
One of the key drivers of recent market movement is the escalating tariff battle between the U.S. and China. President Trump has temporarily paused most global tariffs for 90 days, but sharply raised duties on Chinese imports to 145%. In response, Beijing retaliated with its own set of tariffs, hiking rates on U.S. goods to 125%.
While this tit-for-tat has added to overall market volatility, it has also created a window of opportunity for Bitcoin. As investors weigh the broader geopolitical implications, BTC has emerged as a hedge—offering a moment of strength amid the uncertainty.#BTC #btcreboundback