Bitcoin Rebounds as US Tariffs Fade and Dollar Weakens: A Market Analysis
Bitcoin has seen a remarkable recovery, climbing approximately 3 percent to over $87,600, marking its highest point since former President Trump’s tariff announcements. This bounce-back coincides with a weakening U.S. dollar, raising concerns about Trump’s criticism of Federal Reserve Chair Jerome Powell. The dollar index recently hit its lowest level since January 2024, creating a ...