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Bitcoin Price Defies Tariff Fears, Digital Gold Status In Focus
Bitcoin price defied tariff-linked sour market sentiment to edge up on Thursday, signaling that the cryptocurrency market could soon embark on a reversal. The BTCUSD pair was at $83,474 after gaining 1.1% on the daily chart. Cryptocurrencies previously thrived in the pandemic era but their increasing integration with the mainstream financial markets have seen them lose that aura. BTC briefly crossed above the $88k mark on Wednesday, ahead of US President Donald Trump’s tariff announcements, signaling a potential onset of a risk-on sentiment. Meanwhile US Treasury and other departments will disclose their crypto ... (full story)