Bitcoin price exceeds $ 87,000, while car tariffs in Trump are shaken by markets

Bitcoin (BTC-UsdThe price increased by about 1 % to 87,500 dollars (67,743 pounds) in early trading on Thursday, even as global financial markets are prepared for the repercussions of US President Donald Trump’s announcement of a 25 % tariffs on foreign cars and auto parts.

The vibrant tariff aims on April 2, to enhance the manufacture of local cars and has already sparked fears of more fluctuations in global stocks. Investor morale has turned into no risks, as new measures prompted a noticeable sale in stocks. S & P 500 (^Gspc) And Nasdak (^IOCEA boat decreased less on Wednesday, by about 1 % and 2 %, respectively.

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However, Gamestop (GMEIt increased approximately 12 % on Wednesday after the Board of Directors unanimously agreed to integrate bitcoin as the origin of the treasury reserves.

QCP’s capital analysts noticed: “Gamestop Grump did not raise $ 1.3 billion (1.01 billion pounds) to customize Bitcoin with the broader feelings in the cryptocurrency market.”

They added that although the Bitcoin exchange boxes (ETFS) have attracted a fixed flow, Spot Ethereum (eth-wedETFS has seen external flows.

Amid the current market turmoil, traditional safe havens have become more attractive to global investors.

Thursday, gold (GC = fPrices rose near a weekly height, reaching $ 3,035, as investors resorted to uncertainty.

“The Bitcoin and Gold pump indicates that investors are looking for safe havens amid a large -scale disappointment after the transformation and concerns about a global trade war,” the messory research analyst Sam Roskin to publish On x.com.

Since Donald Trump won the US elections on November 5, 2024, Bitcoin has been estimated by 22.3 %, outperformed the profit of both Gold 9.3 % and S&P 500 (^Gspc) 2.5 % decrease, according to Russian.

He added that although the main stocks faced a huge trend, Bitcoin’s durability in the market remained noticeable.

The TROMP tariff policy, which extends back to cars, includes previous measures that impose a 25 % duty on imports from Canada and Mexico and 20 % tax on Chinese goods. The last US president warns on social media that an additional tariff can be imposed on the European Union and Canada if it joins “economic harm” by increasing the intensification of market tensions.

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“If the European Union is working with Canada to cause economic harm in the United States of America, the customs tariff will be largely larger, much larger than it is currently, in order to protect the best friend of each of these two countries!” Trump books On the social truth platform on Thursday.

Investors are still cautious now with looming on the horizon new mutual definitions, which may lead to high costs of imported goods, high inflation, and installation pressure on central banks to tighten monetary policy.

“The uncertainty surrounding the American commercial policy and the broader political scene in front of the mind is still,” QCP. “The market still lacks clarity in the scope of these potential measures, their timing and size, until then, we expect more side fluctuations.”

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