Bitcoin (BTC) Price Surpasses $100K for the First Time Since February, Shift in Trump's Tariff Policies Sparks Renewed Optimism

Bitcoin (BTC), the market's leading cryptocurrency, has surpassed the $100,000 mark for the first time since February, driven by a notable shift in President Donald Trump's tariff policies

The cryptocurrency market has seen a rapid shift with Bitcoin (BTC) surpassing the $100,000 mark for the first time since February, largely driven by President Donald Trump’s adjustment of tariff policies, which has brought renewed optimism to the crypto sphere.

Bitcoin Now Only 6% Off Its All-Time High

Over the past months, Trump’s aggressive tariff strategies have had a noticeable impact on cryptocurrency prices. Bitcoin, in particular, has faced difficulties as the digital asset dropped to as low as $74,000, marking a 25% decline from its record high of $109,000 reached in January.

However, President Trump’s move to pause his so-called “tariff war” has resulted in a remarkable rebound in crypto prices, further boosted by a $6 billion trade deal with the UK announced on Thursday.

In the thirty-days time frame, the market’s largest cryptocurrency has recorded a staggering 31% price surge, positioning it just 6.7% below its all-time high. Antoni Trenchev, co-founder of the crypto exchange Nexo, remarked:

Bitcoin has not only reclaimed $100,000 for the first time in three months but has also reaffirmed its status as the ultimate bouncebackable asset as the prospects for US trade deals brighten.

Other major cryptocurrencies have also benefited from this shift. Ethereum (ETH) has now crossed the $2,000 threshold again for the first time since late March, experiencing a 12% surge in just 24 hours, while Dogecoin (DOGE) closely follows with an 11% increase.

Trenchev highlights that Bitcoin’s recent performance is aided by a supportive pro-crypto administration and increased buying interest from spot-exchange-traded fund (ETF) investors. He notes that Bitcoin’s outperformance against US equity benchmarks in 2025 further cements its status as a resilient and safe-haven asset.

Analysts Caution Of Challenges Ahead Amid Global Uncertainty

Despite the current bullish sentiment, Trenchev warns that Bitcoin’s resilience will be tested amid an uncertain global macroeconomic and geopolitical environment. Rising tensions between India and Pakistan pose potential risks, while the US Federal Reserve (Fed) remains cautious about cutting interest rates amid concerns over unemployment and inflation.

Since the introduction of the tariff policy in early April, Bitcoin has gained more than 16%, while spot gold has risen nearly 6%, and the S&P 500 has seen only marginal gains, showcasing Bitcoin’s growing appeal as a hedge against traditional market fluctuations.

In order to confirm its upward trend, analysts predict that Bitcoin will need to break above its January high of over $109,350. According to Trenchev, the cryptocurrency’s price might stay between $70,000 and $109,000 for the months following the election.

However, he adds that reclaiming the $100,000 milestone is a significant achievement for Bitcoin. “Buying during peak fear—just last month Bitcoin was languishing around $74,000—can be exceptionally lucrative,” he concludes.