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Bitcoin is approaching $ 100,000, as Trump stops a one -month tariff

Posted on February 3, 2025

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  • Bitcoin rose to nearly $ 100,000 after recovering from a decrease of less than 92 thousand dollars, after Trump announced that Mexican definitions stopped for one month.
  • The markets remain volatile, as the details of the definitions in force with Canada and China keep merchants on the edge of the abyss.

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Bitcoin is approaching $ 100,000 after a sharp recovery feeding the market concerns after President Trump announced the suspension of customs tariffs on Mexico for one month.

As for the original, which has decreased more than 10 % to less than 91,500 dollars after Trump initially announced a 25 % tariff on imports from Mexico, it has increased since then, as it was currently circulating by about 99.5 thousand dollars.

The initial reaction to the market to the Trump tariff announced on Sunday sparked a major sale through encryption assets, as Bitcoin led this decrease.

However, the shift came after Trump confirmed a deal with Mexican President Claudia Shinbom to temporarily stop the tariff.

As part of the agreement, Mexico will deploy 10,000 soldiers for the National Guard on its northern borders to address concerns about drug trafficking and illegal immigration.

Trump Declare On the social truth that will stop the expected definitions for one month, during which negotiations will occur.

These talks will be led by Secretary of State Marco Rubio, Treasury Secretary Scott Besin, and Minister of Trade Howard Lottenic, as well as high -ranking representatives from Mexico.

While Bitcoin has recovered most of its losses, other digital assets remain under pressure.

ETHEREUM is trading at $ 2700, Solana at $ 208, XRP at $ 2.68, and Dogecoin at $ 0.27, which indicates partial recovery but remains less than previous trading ranges.

The markets continue to show fluctuations amid uncertainty about the details of the customs tariff with Canada and China, as merchants are waiting for the upcoming Trump ads.

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