#BitcoinWithTariffs

Cryptocurrency News..

Bitcoin rose on Tuesday after lackluster moves the day before as U.S. President Donald Trump indicated further tariff relief with the possibility of suspending tariffs on cars.

The world's largest cryptocurrency rose by 2% to $86,025.0000 by 4:40 PM Saudi time.

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Reports have indicated that the Trump administration is considering using tariff revenues to purchase Bitcoin, aiming to bolster reserves without borrowing more money or imposing new taxes.

This move comes after Trump's executive order to build a strategic reserve of cryptocurrencies, according to media reports.

Analysts: Approval of XRP exchange-traded funds is more likely than that of SOL and DOGE funds.