The price of Bitcoin rose over 6% during trading after US President Donald Trump announced a 90-day suspension of additional reciprocal import tariffs for some countries. This is evidenced by data from the Binance platform.
As of 9:18 p.m. Bulgarian time, Bitcoin rose by 1.49% and was at 78,310 USD.
By 10:00 p.m. Bulgarian time, Bitcoin quickly accelerated its growth and reached 82,485 USD (+6.87%).
Earlier, Trump announced on the social network Truth Social that he was suspending additional import duties imposed on a reciprocal basis for 90 days. The tariff rate for some countries during this time will be 10%. At the same time, the American leader also announced an increase in import duties for China to 125%. Both decisions come into effect immediately.
Bitcoin is a decentralized system of the cryptocurrency of the same name, based on blockchain technology, which can be “mined“ (issued) by any user - participant in the system. To do this, you need to create new system blocks.