Bitcoin falls after a brief rebound, uncertainty still looms over the market
Due to Trump's decision to suspend higher reciprocal tariffs on most countries, Bitcoin began to decline after a brief rise. David Morrison, an analyst at Trade Nation, said: "The trend of Bitcoin is consistent with other risk assets and is currently closely related to the US stock index." He stated that the immediate danger has passed, but investors are keenly aware that uncertainty still hangs over the market. Bitcoin has given back some of its gains from Wednesday but remains above $80,000.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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