Overview
- Bitcoin rebounded to $82,000 following a week of sharp price swings caused by President Trump’s tariff policy reversals and economic uncertainty.
- The U.S. dollar is experiencing a crisis of confidence, with analysts citing rapid de-dollarization and structural concerns, boosting Bitcoin’s appeal as a safe haven asset.
- Trump’s temporary 90-day pause on some tariffs brought brief market relief, though concerns persist over the broader impact of his trade policies.
- The broader crypto market saw significant fluctuations, with the total market cap recovering to $2.59 trillion after dipping to $2.35 trillion earlier in the week.
- Major corporate Bitcoin holders face financial risks, with some companies warning they may need to sell Bitcoin reserves if they cannot secure timely financing.