Bitcoin Hits New Highs, Riding Wave of Optimism and Macro Easing

Following recent dips due to tariff tensions between the US and China, Bitcoin (BTC) has rebounded strongly, reaching above $85,000. Bitfinex analysts attribute this rally to the easing of trade tensions after US President Trump’s decision to suspend new tariffs for 90 days, along with increased investor optimism. Their report highlights sustained demand in the spot market as a key driver behind Bitcoin’s resurgence.