Bitcoin Bounces Back to $84,000 After Trade War Fears Ease
Bitcoin has made a strong comeback, jumping to nearly $84,000 on Saturday after a rough start to the week. The recovery comes after U.S. President Donald Trump announced a 90-day pause on most tariffs, calming some investor worries about the ongoing trade war with China.
As of Saturday, Bitcoin was trading around $83,800, up 5.1% in just 24 hours, according to CoinGecko. Other major cryptocurrencies also saw gains:
- Solana (SOL) rose 8.3% to $120
- Ethereum (ETH) climbed 3% to $1,550
Why Did Bitcoin Drop Earlier This Week?
Earlier in the week, Bitcoin fell to $74,700 as investors panicked over Trump’s aggressive trade policies. The U.S. had been increasing tariffs on Chinese goods, raising fears of an economic slowdown.
However, when Trump announced a temporary halt to new tariffs, Bitcoin quickly rebounded. This shows that Bitcoin is increasingly seen as a safe-haven asset—something investors buy when traditional markets get shaky.
Bitcoin’s Resilience Impresses Investors
Despite the ups and downs, Bitcoin has stayed in a strong range between 75,000and85,000 over the past few weeks. This stability is attracting big investors, including:
- Institutional investors (banks, hedge funds, etc.)
- Crypto “whales” (wealthy individuals holding large amounts of Bitcoin)
Samir Kerbage, Chief Investment Officer at Hashdex, a crypto asset management firm, said:
“Bitcoin has been performing better than most risky assets this week. Its ability to hold steady during market chaos proves its strength.”
What’s Happening in the Stock Market?
Wall Street also had a wild week:
- S&P 500 rose 5.6%
- Nasdaq jumped 7.3%
- Dow Jones gained 5%
Investors were relieved by the tariff pause, but many remain nervous. Trump has already raised tariffs on Chinese goods to a record 145%, and nobody knows what he’ll do next.
Why Is Bitcoin Gaining Trust?
- Hedge Against Uncertainty – When trade wars or inflation scare investors, many turn to Bitcoin as protection.
- Institutional Demand – Big money is flowing into Bitcoin through ETFs and investment funds.
- Limited Supply – Only 21 million Bitcoins will ever exist, making it a scarce asset.
What Should Investors Watch Next?
- U.S.-China Trade War – Any new tariffs could shake markets again.
- Federal Reserve Policies – Interest rate changes affect Bitcoin’s appeal.
- Crypto Regulations – Governments worldwide are still figuring out how to handle Bitcoin.
Bitcoin’s quick recovery shows it’s no longer just a risky tech investment, it’s becoming a global financial asset. While stocks and traditional markets react to political drama, Bitcoin keeps attracting buyers who believe in its long-term value.
If trade tensions flare up again, Bitcoin could see more volatility. But for now, its rebound proves that crypto is here to stay in the world of big-money investing.
