#BTCRebound According to data collected by Bloomberg, the largest cryptocurrency by market value surged approximately 3% to $87,600 on Monday morning in Singapore. This increase made up for much of the losses incurred since Trump announced mutual tariffs on April 2, which puzzled global markets.

The rebound occurred against the backdrop of a falling dollar and futures for U.S. stock indices on Monday after criticism from the U.S. president of the Federal Reserve raised concerns about its independence. The dollar index hit its lowest level since January 2024 after the country's National Economic Council director, Kevin Hassett, stated on Friday that Trump is exploring the possibility of dismissing Powell.