$BTC

Bitcoin experienced a slight price variation on Monday with a marginal improvement in risk appetite after some relief from certain U.S. exemptions on tariffs against China, although fears of an escalation in the trade war kept traders on edge.

Cryptocurrency markets have suffered from significant fluctuations in recent weeks as the trade war between the two largest economies in the world has intensified, negatively affecting global risk-focused markets.

Bitcoin had dropped to $74,000 but has strongly rebounded from those low levels after U.S. President Donald Trump made significant concessions in his plans to impose tariffs on his major trading partners. However, China did not benefit from these concessions.

The world's largest cryptocurrency increased by 0.6% to reach $84,521.0 at 5:06 PM Saudi Arabia time.