Bitcoin has rebounded from its dip below $83,000 after the cryptocurrency market crashed due to Trump's tariff announcement. BTC briefly surged to a peak price of $90,364 on March 5, and is currently trading at $90,301. The market cap of BTC has increased by 7.4% to $1.78 trillion, but its 24-hour trading volume has declined by 20.8%. Analysts predict short-term volatility and a possible market bottom at $62,000. Network economist Timothy Peterson believes there is a 95% chance Bitcoin won't fall below $69,000 based on historical data. The previous rally, triggered by Trump's plans for a crypto reserve, was short-lived and followed by a 10% drop.



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