Bitcoin jumps 3% on reports that Trump will decide for less tariffs than expected

Bitcoin gained 3% in the last 24 hours in the middle of the report on the upcoming American tariffs on its trading partners will be less dramatic than expected.

The original cryptocurrency climbed from $ 88,600 between the week and Monday morning, after the report during the weekend that President Donald Trump will decide for narrow tariffs than Etherum 4%, the KSRP rose by 2%. The stock market also responds positively to news, with both Naval and S & P 500 indexes 2% in the last 24 hours.

“This development has mitigated some insecurity in the market, which led to increased investor trust and a positive response in cryptocurrency and capital markets,” Greer said.

The cripto market was under pressure Since Trump took office, partly, and yet at the initial tariff policy that introduced a high degree of economic insecurities in the market and has led to investors to run risky means. Tariffs are expected to increase the price of foreign goods, probably lead to inflation. As he hit the time of 109,000 USD in January, Bitcoin fell on the crippto on the market this month, brought fears that aggressive economic policy Trump will launch A recession.

Although economic uncertainty has led to wide fear among investors, Colin, investor-related relations manager in Cripto Vallent Company Ecodus, he said Happiness that it is not surprising the reaction crypto market on the aggressive policies of Trump.

“I expect markets to show emotion and instability over time of change and stress in the United States and you can see that instability in Bitcoin this morning,” he said.

24. Marta 2025: This story has been updated with additional commentary from the white house

This story is originally presented Fortune.com