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💡Bitcoin recovers 100,000 dollars amid the moderation of Trump's tariff fury
The possible agreement with China on tariffs, the increase in global liquidity, and its growing adoption by companies push its price upward.
This Thursday, the pioneering cryptocurrency has once again surpassed the psychological barrier of 100,000 dollars, a level it first reached in its history last December and touched for the last time in early February.
This fluctuation in its quotation has a name and surname responsible: Donald Trump. Investors, in fact, are beginning to sense a moderation of the president's tariff fury.
On Saturday, delegations from the US and China will meet in Geneva (Switzerland) to discuss rates and, presumably, ease tensions. Additionally, Trump announced on his social media a "great trade agreement" with the United Kingdom to mitigate the impact of tariffs.
The president has promised that this pact will be "the first of many". In this way, bitcoin is heading towards its historical highs from January 20, when it reached 109,241 dollars. At the moment, it is trading above 101,000 dollars and has a capitalization of 2 trillion.
Other altcoins follow its lead and recover optimism: ethereum rises more than 11% in the last 24 hours and is trading at 2,046 dollars, XRP advances 5.8% to 2.25, and Solana skyrockets 9.6%, marking 161 dollars.
#BTCBackto100K $BTC
The possible agreement with China on tariffs, the increase in global liquidity, and its growing adoption by companies push its price upward.
This Thursday, the pioneering cryptocurrency has once again surpassed the psychological barrier of 100,000 dollars, a level it first reached in its history last December and touched for the last time in early February.
This fluctuation in its quotation has a name and surname responsible: Donald Trump. Investors, in fact, are beginning to sense a moderation of the president's tariff fury.
On Saturday, delegations from the US and China will meet in Geneva (Switzerland) to discuss rates and, presumably, ease tensions. Additionally, Trump announced on his social media a "great trade agreement" with the United Kingdom to mitigate the impact of tariffs.
The president has promised that this pact will be "the first of many". In this way, bitcoin is heading towards its historical highs from January 20, when it reached 109,241 dollars. At the moment, it is trading above 101,000 dollars and has a capitalization of 2 trillion.
Other altcoins follow its lead and recover optimism: ethereum rises more than 11% in the last 24 hours and is trading at 2,046 dollars, XRP advances 5.8% to 2.25, and Solana skyrockets 9.6%, marking 161 dollars.
#BTCBackto100K $BTC
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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