Bitcoin Rebounds Amid U.S. Tariff Policy Shift
- Bitcoin price rose to $83,800, a 5.1% increase over 24 hours.
- Solana and Ethereum increased by 8.3% and 3%, reaching $120 and $1,550 respectively.
- Bitcoin’s lowest point was $74,700 earlier in the week.
- The S&P 500, Nasdaq, and Dow saw gains of 5.6%, 7.3%, and 5% respectively.
- The University of Michigan sentiment index fell by 11% to a level of 50.8 in April.
Bitcoin surged to $83,800 following President Trump’s announcement of a temporary pause on tariffs, reversing losses from earlier in the week when it dipped to $74,700. The S&P 500 also ended the week with a gain of 5.6% amid tariff policy changes.
Source (2.6)https://decrypt.co/314539/bitcoin-caps-rollercoaster-week-with-rise-toward-84k?rand=52368