Trump’s Tariff Exemption Boosts Bitcoin Price: Expert Insights

President Trump’s recent tariff exemption for tech imports has had a positive impact on the cryptocurrency market, particularly Bitcoin, which surged past $85,900 in just hours after the announcement. The policy exempts key technological components used in crypto mining and blockchain infrastructure, leading to reduced costs for companies operating in the space. This positive economic development is fueling confidence among investors in both tech stocks and cryptocurrencies, as seen through Bitcoin’s rapid increase in value and a correlation between tech stock performance and cryptocurrency prices.