Bitcoin Edges Higher Amid Optimism Over Tariff ExemptionsMarket Talk
Bitcoin rises slightly as hopes for exemptions to U.S. tariffs boost appetite for risky assets. President Trump on Monday said he is considering some short-term exemptions to the 25% tariff on foreign-made vehicle imports. Optimists are hoping that recent pronouncements from the White House represent a dialling down of the extreme measures initially proposed, Interactive Investor analyst Richard Hunter says in a note. However, the situation remains far from clear, he says. Bitcoin rises 1.1% to $85,784, according to LSEG. ([email protected])