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Bitcoin Moves to $102K as Trump’s Tariff Pause Fuels Rebound

Bitcoin Moves to $102K as Trump’s Tariff Pause Fuels Rebound

Bitcoin moves from $92,000 to $102,000 within 18 hours following President Donald Trump's decision to pause tariffs on Mexican imports

Written By Chirag Sharma

Author: Chirag Sharma

Written On: Mon, 03 Feb 2025 22:03:14 GMT

Bitcoin has staged a remarkable comeback, moves from $92,000 to $102,000 within 18 hours following President Donald Trump’s decision to pause tariffs on Mexican imports. This policy shift has sparked renewed investor confidence, leading to a broad market recovery in the crypto space.

Bitcoin Moves to $102k

Tariff Pause Triggers Market Rebound

President Trump’s decision to temporarily halt tariffs on Mexico has been a major catalyst for Bitcoin’s surge. Initially, fears of increased trade tensions drove Bitcoin to a three-week low of $92K, alongside a broader market downturn. However, the latest announcement has eased economic concerns, prompting:

  • Sharp Bitcoin Moves, regaining lost ground
  • Renewed investor optimism in crypto as a hedge against market uncertainty
  • A partial rebound in traditional markets, as stocks also reacted positively

The crypto market, highly responsive to macroeconomic shifts, has demonstrated Bitcoin’s resilience as a safe-haven asset.


Bitcoin Leads Crypto Recovery

With Bitcoin breaking past the $100K threshold again, analysts believe this rally is not just a reaction to the tariff pause but also a reflection of growing confidence in digital assets. The geopolitical uncertainty surrounding global trade continues to position Bitcoin as a preferred asset for investors seeking alternative stores of value.

Market experts remain cautiously optimistic, noting that while the tariff relief has fueled recovery, the situation remains fluid. Future trade negotiations and potential tariff escalations could introduce further volatility in the crypto market.


What’s Next for Bitcoin and Crypto?

The temporary tariff suspension offers markets a moment to breathe, but uncertainty still looms. Key factors to watch include:

  • Further developments in U.S.-Mexico trade relations
  • Potential retaliatory moves from China and Canada
  • Bitcoin’s ability to sustain momentum above $100K

For now, Bitcoin’s swift recovery highlights its growing role in global finance, but investors remain on edge as the trade landscape continues to evolve.

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In this article

Tariff Pause Triggers Market Rebound

Bitcoin Leads Crypto Recovery

What’s Next for Bitcoin and Crypto?

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