Bitcoin surge defies trade jitters, holds above $66K as Trump eyes new tariffs

Seeking Alpha ·

Bitcoin ( BTC-USD ) price rose ~3% to ~$66.6K on Tuesday, extending its weekly gain to ~4.3%, even after reports emerged that President Donald Trump could announce new tariffs on dozens of countries this week. According to the Financial Times, Trump is expected

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Despite Trump's tariff announcements, Bitcoin rose about 3% compared to the previous day, maintaining a solid support level at $66,000. This suggests that Bitcoin is gaining attention as a safe-haven asset or hedging tool amid geopolitical uncertainty. Investors should closely monitor the inflationary pressure from tariff policies and the potential for Bitcoin to increase in value as an alternative asset.

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