Bitcoin began to grow after Trump’s decision to postpone the introduction of tariffs on cars
The price of Bitcoin (BTC) exceeded $91,000 amid the economic decisions of the United States. One of the key growth factors was Donald Trump’s decision to postpone the introduction of tariffs on cars from Canada and Mexico, informs CoinDesk.
The easing of debt restrictions in Germany and the increase in China’s budget deficit target also contributed to the growth of risky assets, in particular cryptocurrencies. At the same time, the US dollar index fell to its lowest level since early November 2024, which could further support digital assets.
Ethereum (ETH) rose to $2,297 (+3.31%), XRP rose to $2.6 (+4.85%), and Solana (SOL) rose to $152.04 (+2.45%). At the same time, the US dollar weakened to its lowest level since December amid escalating trade tensions caused by Donald Trump’s decisions.
It will be recalled that on March 3, bitcoin rose in price by more than 20% from the minimum values of the previous week after Trump announced his intention to include it in the new US strategic crypto reserve.
