Bitcoin Rises Slightly Amid Tariff Uncertainty — Market Talk

Bitcoin rises slightly but trades below the key $100,000 level amid uncertainty over President Trump's tariff plans. China's plans for retaliatory tariffs after Trump imposed a new 10% levy on Chinese imports add uncertainty to risky assets including cryptocurrencies, Saxo Bank analysts say in a note. Market sentiment is also muted after the Trump administration discussed the potential inclusion of bitcoin in a newly proposed U.S. sovereign wealth fund, sparking speculation over institutional adoption, they say. "Traders remain focused on regulatory developments and macroeconomic shifts." Bitcoin rises 1.1% to $97,523, according to LSEG. ([email protected])