Bitcoin Price Surge Following Trump Tariff Shock, Is This Rally Just Beginning?

Following a recent shockwave triggered by U.S. President Donald Trump’s trade war, the Bitcoin price has shown a dramatic rebound. The cryptocurrency’s value, which plummeted to its lowest point of $75,000, has now climbed back to $84,800, signaling a resurgence of confidence within the market. This recovery is particularly evident in Europe, where the Bitcoin price in Euros stands at €74,660 and the EUR/USD exchange rate has risen by 4% over the past month. Trade volume currently hovers around $30 billion, further strengthening this bullish trend. This uptick is supported by impressive gains of +2%, +5% over the last seven and one-month periods respectively, showcasing a sustained upward trajectory. The question now remains – will this momentum continue?