Bitcoin prices are recovering as gold retreats because a surprise “framework deal” just killed the tariff threat
Bitcoin prices are recovering as gold retreats because a surprise “framework deal” just killed the tariff threat
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tldr; Bitcoin prices rebounded above $90,000 after President Donald Trump announced he would not impose tariffs scheduled for February 1, following a framework deal with NATO on Greenland and the Arctic. This reversal in geopolitical tensions caused a shift in market sentiment, with gold and silver prices retreating as risk-on assets like Bitcoin surged. The announcement led to over $1 billion in liquidations across crypto markets, highlighting Bitcoin’s sensitivity to macroeconomic and geopolitical developments as a high-beta risk asset.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
But, it’s not really, not yet, hopefully it will, but who knows, it’s just a tweet away from another drop to $85K.
I could have brought $40K Bitcoin. Instead I brought Flare. I wonder which will pay me more in five more years. 😙
>Bitcoin prices are recovering
not really, but it doesn’t even matter considering the goal should be long-term
down 0.26% is a retreat…OK.
honestly the whole tariff panic was a buying opportunity. btc bouncing back strong and now might be a good time to look at some L1s like SEI that got oversold during the dump. risk on is back
Delusional title.