The price of bitcoin rises above $ 90K from Amide Trump’s car delay

The price of Bitcoin increased by $ 90,000 because investors reacted to the decision of President Donald Trump to delay 25% of tariffs in Canadian and Mexican automatic imports.

As export Reuters on Mar. 6, a move, which gives a one-month exceptions for American automation, facilitated concern that trade war could damage domestic production and depend on dollar, demand for risk analysis as a cripto.

The decision came after Trump met with the heads of Ford, General Motors and Stelllantis, according to the White House SECRETARY KAROLINE Leavitt. Investors see delay as an indicator that tariffs It may not cause so much economic disorders as provided.

According to the price trager on Cripto.News, Bitcoin (Btc) currently traded from $ 91,651, increased by 5% in the last 24 hours. The wider crypto market has also progressed, getting 2% in the middle of improved risk mood. Although it is still in the “extreme fear” zone, the index of fear and greed increased 5 points to 25, indicating that investors are still careful.

The supplies related to crypto also saw significant gains, with coinbase (coins) increase 4% and Microstrategy (MSTR) jumping 12 %%. At the same time, the American dollar index (DKSI) fell to the lowest level from November, a historical, historical bitner signal for Bitcoin.

Despite the rally, the open interest in Bitcoin Futures is at the lowest level of October 2024. years, as before export from crypto.news on Mar. 5. This suggests that merchants choose to remain careful.

Meanwhile, solid capacities for Blocchain Analytics has noticed that Bitcoin’s network is still expanding, with an increase in smaller wallets in the past month. However, there are signs that some big carriers recently took profits.

Santimental analysts indicate that the jump in large Bitcoin could indicate the restored self-confidence and signaling potential passage.

For now, traders remain focused on the Federal Reserve Policy. According to the CME FevoTch AgentMarkets Futures are now prices in up to three reductions in prices this year, compared to previous expectations only one. The next big move of Bitcoin could depend on whether the Fed will follow.