Bitcoin Surges Above $90K as Tariff Exemptions Ease US Treasury Yields

Bitcoin’s value surged above the $90,000 mark on Monday, April 14th, driven by potential tariff exemptions that eased US Treasury yields. The price of Bitcoin (BTC) rose 6.79% over the past week, making it the best weekly performance since early January. Analysts attribute this recent surge to expanding DeFi applications and increased institutional investment. However, the impact of these exemptions remains uncertain. Experts are still weighing whether the temporary nature of these exemptions will influence Bitcoin’s long-term price trajectory or lead to continued market volatility.