Bitcoin sees a strong recovery as altcoins rally, but market uncertainty lingers—analysts offer mixed outlooks on BTC’s next move.
8don MSN
Learn how to buy Bitcoin in Canada using exchanges, ATMs and wallets. Explore regulations, taxes and secure storage options in this easy guide.
Bitcoin's price was buoyed Wednesday on hopes President Trump would soften the punishing tariffs on key trade partners Canada and Mexico.
Bitcoin and Ethereum extend gains as Trump delays auto tariffs and a Trump-linked wallet buys $10M in BTC and ETH ahead of the White House Crypto Summit.
Bitcoin rebounds after U.S. Commerce Secretary Howard Lutnick hints at possible tariff relief, while Satoshi-era Bitcoin wallets moves $22 million after 14 years.
But as of this writing, Bitcoin's price has retreated more than 20% to about $84,000. That decline can be largely attributed to the Trump administration's plans to impose or raise tariffs, which are stoking fears of higher inflation and elevated interest rates.
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