Bitcoin Bottom In After Tariff Pause

Bitcoin Surges Amid Tariff Pause, Uncertainty Remains

• Bitcoin rose over 8% to $83,588 after a 90-day tariff pause was announced by President Trump.
• The tariff pause excludes China, which faces a new rate of 125%.
• Yields on 10-year Treasury notes remained high despite the tariff pause.
• Joe McCann noted that a potential China deal is not priced into Bitcoin’s current value.
• Goldman Sachs revised its recession forecast following the tariff announcement.

Bitcoin’s price increase follows President Trump’s temporary halt on new tariffs for many countries, though tensions with China persist. Analysts suggest market volatility may continue as future negotiations remain uncertain. At press time, Bitcoin traded at $81,438.