Recovery of the Bitcoin Price
The Bitcoin price has significantly increased after a notable correction below the $80,000 mark, rising to over $82,000. This recovery is closely linked to the announcement by U.S. President Donald Trump to suspend the planned tariff increases for most countries for 90 days. However, China is exempt from this measure and continues to face increased tariffs of 125%.
Tariff Pause and Market Reaction
The announcement of the tariff pause led to a significant recovery in the cryptocurrency markets. Bitcoin rose by about 7% to over $82,000 within a few hours. This increase reflects a general risk appetite of investors triggered by the temporary easing of trade tensions.
Other Cryptocurrencies
In addition to Bitcoin, other major cryptocurrencies such as Ethereum, XRP, and Solana also saw significant gains, some by up to 10%. The global cryptocurrency market capitalization increased by about 7% to $2.61 trillion.
Forecasts and Analyses
In the long term, Bitwise predicts that Bitcoin could rise to $200,000 by the end of the year, based on a weakening of the U.S. dollar and uncertainties in the global currency system. However, some experts warn of a potential decline in the Bitcoin price to around $52,000 to $56,000 in the summer of 2025 due to trade tensions and market fluctuations.
Investment Opportunities and Risks
For private investors, this development highlights the high volatility of the cryptocurrency market. While the recent rise presents opportunities, it also carries significant risks. Investors should be aware of potential price fluctuations and weigh their decisions carefully.
Conclusion
The Bitcoin price has significantly recovered after a correction, attributed to the temporary easing of trade tensions. Despite the positive developments, the market remains volatile, and investors should be aware of the potential risks. Long-term forecasts are optimistic, but short-term risks should not be overlooked.