Bitcoin Nears $100,000 as Buying Demand Surges, Despite Tariff Fears

After a recent market sell-off triggered by Donald Trump’s tariff plans, Bitcoin is experiencing a resurgence, nearing the $100,000 mark. Experts attribute this upward trend to growing DeFi applications and increased institutional investment. However, concerns about a recession could dampen future growth unless trade negotiations between the U.S. and China progress soon. Additionally, mixed on-chain signals may heighten price volatility around this critical level.