Bitcoin jumped at the start of the week as investors cheered reports suggesting US President Donald Trump may take a more measured approach to implementing new trade tariffs on April 2.
According to investing.com data, the world’s largest cryptocurrency advanced $87,127.50 on Monday morning.
The crypto markets have posted their second consecutive positive week following the Federal Reserve’s latest meeting, which left interest rates unchanged and maintained its forecast for two rate cuts in 2025. Bitcoin surged to $87,470, its highest level since March 7, as positive sentiment rippled through the market.
The Federal Reserve’s decision to reduce the pace of balance sheet shrinkage starting next month, despite ongoing uncertainty surrounding tariffs, has contributed to this bullish movement in crypto assets. Bitcoin’s recent rally suggests that the market may have already seen the bottom at $76,600 and could be on the cusp of a new upward trend.
“Bitcoin’s performance is…
