0800 GMT - Bitcoin recovers slightly following losses in the previous session as traders remain cautious ahead of U.S. reciprocal tariffs on Wednesday. President Trump on Monday said he would be "very kind" to trading partners when he unveils tariffs with an announcement expected at 1500 ET Wednesday. His comments come a day after he said the tariffs would target all countries. Tariff details remain unclear, prompting traders to tread cautiously as global markets grapple with heightened volatility, Tickmill Group's Patrick Munnelly says in a note. "Concerns about the potential impact on U.S. economic growth and inflation have tempered large investment moves ahead of the announcement." Bitcoin rises 1.3% to $83,552 after hitting a near two-week low of $81,311 Monday, according to LSEG. (renae.dyer@wsj.com)
(END) Dow Jones Newswires
April 01, 2025 04:00 ET (08:00 GMT)
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