\n<\/p>\n
The massive volatility caused by the US tariffs against a few countries continues to impact the crypto market, but this time in the opposite direction after a positive development on the US-Mexico front.<\/p>\n
Bitcoin\u2019s price, which had tumbled to under $92,000 earlier today, exploded by several grand in less than an hour to almost $100,000.<\/p>\n A lot can and was said<\/a> of what transpired in the crypto markets within the past couple of days. BTC stood strong above $102,000 on Saturday evening but started to lose value gradually as US President Trump signed orders to impose a 25% tax on Canadian and Mexican imports and 10% on Chinese.<\/p>\n Canada\u2019s Prime Minister retaliated immediately, China said it will seek a more favorable resolution with the World Trade Organization, and Mexico said it will think of its next move.<\/p>\n BTC\u2019s price kept plunging, especially on Monday morning when the Asian markets opened and dumped to a three-week low of around $91,300 (on Bitstamp). However, it bounced off<\/a> and stood primarily around $95,000 for the past few hours before the bulls initiated a massive surge to over $99,000 minutes ago.<\/p>\n This impressive recovery took place as Mexico\u2019s president \u2013 Claudia Sheinbaum \u2013 said her country had agreed with the US to pause the tariffs for a month.<\/p>\n Additionally, she said<\/a> Mexico will \u201cimmediately reinforce\u201d its border with the US with 10,000 National Guard soldiers to \u201cprevent drug trafficking from Mexico to the United States, particularly fentanyl.\u201d<\/p>\n LIMITED OFFER for CryptoPotato readers at Bybit: Use this link<\/a> to register and open a $500 FREE position on any coin!<\/b><\/p>\n<\/div>\n<\/div>\n
\nBinance Free $600 (CryptoPotato Exclusive): Use this link<\/a> to register a new account and receive $600 exclusive welcome offer on Binance<\/b> (full details<\/a>).<\/p>\n
![<\/a>BTCUSD. Source: TradingView<\/figcaption><\/figure>\nA lot can and was said<\/a> of what transpired in the crypto markets within the past couple of days. BTC stood strong above $102,000 on Saturday evening but started to lose value gradually as US President Trump signed orders to impose a 25% tax on Canadian and Mexican imports and 10% on Chinese.<\/p>\nCanada\u2019s Prime Minister retaliated immediately, China said it will seek a more favorable resolution with the World Trade Organization, and Mexico said it will think of its next move.<\/p>\nBTC\u2019s price kept plunging, especially on Monday morning when the Asian markets opened and dumped to a three-week low of around $91,300 (on Bitstamp). However, it bounced off<\/a> and stood primarily around $95,000 for the past few hours before the bulls initiated a massive surge to over $99,000 minutes ago.<\/p>\nThis impressive recovery took place as Mexico\u2019s president \u2013 Claudia Sheinbaum \u2013 said her country had agreed with the US to pause the tariffs for a month.<\/p>\nAdditionally, she said<\/a> Mexico will \u201cimmediately reinforce\u201d its border with the US with 10,000 National Guard soldiers to \u201cprevent drug trafficking from Mexico to the United States, particularly fentanyl.\u201d<\/p>\n\nSPECIAL OFFER (Sponsored)<\/span><\/center>\nBinance Free $600 (CryptoPotato Exclusive): Use this link<\/a> to register a new account and receive $600 exclusive welcome offer on Binance<\/b> (full details<\/a>).<\/p>\nLIMITED OFFER for CryptoPotato readers at Bybit: Use this link<\/a> to register and open a $500 FREE position on any coin!<\/b><\/p>\n<\/div>\n<\/div>\n<\/p><\/div>\n\nSource link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"The massive volatility caused by the US tariffs against a few countries continues to impact the crypto market,…\n","protected":false},"author":2,"featured_media":4266,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[13],"tags":[],"class_list":["post-15061","post","type-post","status-publish","format-standard","has-post-thumbnail","category-crypto","cs-entry","cs-video-wrap"],"_links":{"self":[{"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/posts\/15061","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/financialrush.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=15061"}],"version-history":[{"count":0,"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/posts\/15061\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/media\/4266"}],"wp:attachment":[{"href":"https:\/\/financialrush.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=15061"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/financialrush.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=15061"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/financialrush.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=15061"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}](\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/02\/BTCUSD-6.png\"){kind=link}