The price of Bitcoin fell to a two-week low on Monday before recovering some losses, as other major cryptocurrencies also seesawed two days ahead of U.S. President Donald Trump’s deadline to impose steep tariffs.
The leading digital asset edged up 1.8% to $84,004.88 on Tuesday.
Crypto stocks also jumped in premarket trading. Hut 8 rose 7%; BTC Digital rose 4%; Strategy and MARA Holdings rose 3%; CleanSpark and Coinbase rose 2%; Riot Platforms rose 1%.
The upturn comes as investors look toward April 2, when Trump plans on announcing the tariffs in a ceremony scheduled for the White House Rose Garden. The crypto market has been teetering amid widespread market jitters as investors reel from Trump’s erratic trade policies.
Bitcoin’s price was recently down 23% from its record high of $108,800 set on Trump’s Jan. 20 inauguration day. On Monday, the S&P 500 fell again into correction territory, sinking more than 10% below the market index’s peak in January, before regaining some ground.
Hut 8 said on Monday it had joined hands with President Donald Trump's son, Eric Trump, to launch a bitcoin mining company called American Bitcoin.
免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。