BTC, which has gained 5.60% in the last 24 hours and at the time of writing, is among the top-performing assets of the day.
U.S. President Donald Trump's decision to suspend tariffs on countries other than China for 90 days, while increasing duties on China, may have had a positive impact on Bitcoin’s price.
The move sparked a strong rally in both the crypto market and U.S. stock exchanges, with analysts noting a short-term relief. However, experts remain cautious about whether this optimism will be sustained.