Major cryptos rose on Tuesday amid an uptick in investor sentiment that tariffs imposed by U.S. President Donald Trump on his “Liberation Day” Wednesday would be less severe than anticipated, but analysts remain wary about a potential trade war’s impact on markets.
Bitcoin’s price was recently trading at about $84,900, a more than 2.5% gain over the past 24 hours, according to data provider CoinGecko. The coin briefly touched over $85,000, for the first time since last week.
“Traders are buzzing over Trump’s tariff chatter for April 2 and are leaning to the hint that there will be softer policies than expected,” Sid Powell, CEO & co-founder of Maple said in an email to Decrypt, noting that “tariffs always shake things up.
“After…
Apr 03 2025
