Bitcoin experienced a drop to a 3-week low after the announcement of new tariffs by U.S. President Donald Trump. However, the cryptocurrency has since regained bullish momentum, with a 3.64% hike in just 24 hours. Analysts highlight the impact of geopolitical shifts on global markets and suggest that Bitcoin's volatility may be affected by such measures. Currently, Bitcoin is priced at $101,203 with a market capitalization of $2 trillion. Prominent crypto analyst Rek Capital sees the recent surge as important for Bitcoin to reclaim the $101k level as support, with the potential to continue towards the next resistance level. There are speculations that big investors are increasing their Bitcoin stake, while miners are selling less BTC, leading to speculation of a new bull run and the possibility of Bitcoin breaking the psychological barrier of $110,000.



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