Bitcoin Recovers to $80,000
Son Min
Summary
- Bitcoin (BTC) is attracting attention as it recovers to $80,000.
- The tariff suspension policy of the Trump administration seems to have influenced the Bitcoin price.
- It is reported that the news of tariff suspension could lead to short-term fluctuations in Bitcoin.
Bitcoin (BTC) has recovered to $80,000.
As of 11:17 PM (local time) on the 7th, Bitcoin is trading at $80,549 on the Binance USDT market, down 2.41% compared to 24 hours ago.
This is interpreted as being influenced by reports that Trump is considering suspending tariffs on all countries except China. According to Walter Bloomberg, "Kevin Hassett, Chairman of the Economic Council, stated that President Trump is considering a 90-day tariff suspension on all countries except China."
Son Min
sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit![[Market] Bitcoin breaks below $68,000 as losses deepen](https://media.bloomingbit.io/PROD/news/3a08fe32-6a33-4a62-bb89-4afb5c5399ca.webp?w=250)
![[Market] Bitcoin breaks below $70,000… Korea premium at 0.31%](https://media.bloomingbit.io/PROD/news/74018332-717e-4495-9965-328fe6f56cb4.webp?w=250)
