Bitcoin nears $90,000 after Trump eases tariff threat following NATO meeting

Bitcoin's price has climbed back toward $90,000 following a productive meeting between President Trump and the NATO chief. During the discussions, Trump withdrew a previous tariff threat. Trump expressed optimism about the outcome on Truth Social.

The cryptocurrency market saw a notable uptick in Bitcoin's value, approaching $90,000, in response to recent geopolitical developments. President Trump, after engaging in talks with the NATO chief, decided to pull back on a tariff threat that had been looming over international relations.

In a post on Truth Social, Trump commented on the meeting's results, stating, "The solution, if consummated, will be a great one for the U.S. and all NATO nations." This statement reflects a positive shift in tone from the U.S. leadership toward alliance partners.

The meeting itself was described as productive, though specific details on the agenda beyond the tariff issue remain limited in available reports. Bitcoin's movement higher suggests investor relief over reduced trade tensions, which could have broader implications for global markets.

As of the latest updates, BTC's price reflects this sentiment, stabilizing near the $90,000 mark after earlier fluctuations tied to political uncertainties.

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Dramatic scene of Bitcoin's bear market crash on trading floor screens amid US-China trade war fears, with plummeting charts and panicked investors.
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Bitcoin crashes amid trade war renewal and market fears

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Bitcoin has entered a bear market, dropping over 30% from its early October peak of around $126,000, following a flash crash triggered by President Trump's renewed trade war with China. The cryptocurrency wiped out $1 trillion in value over six weeks, with a single-day loss of $19 billion on October 10 due to panic selling and liquidations. While recovering slightly to about $88,000 on Monday, concerns over Federal Reserve rate decisions and leveraged positions continue to unsettle investors.

Bitcoin has held steady around $93,000, but the cryptocurrency market is preparing for potential volatility. This comes as global leaders at the Davos forum discuss trade war rhetoric, including tariff headlines. A Kraken executive has warned of a bumpy week ahead for crypto investors.

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Cryptocurrencies experienced a sharp flash crash over the weekend following President Donald Trump's threats of new tariffs on Chinese imports, erasing billions in market value. Bitcoin dropped from highs near $126,000 to below $105,000, while other assets like Ethereum and Dogecoin saw even steeper declines. The event highlighted the sector's volatility amid leveraged trading and global trade tensions.

Bitcoin climbed above $93,000 on January 5, 2026, reaching a one-month high amid a broader cryptocurrency rally. The surge followed the U.S. capture of Venezuelan President Nicolas Maduro over the weekend, boosting risk sentiment in global markets. Ethereum, XRP, and Dogecoin also posted gains in their fifth consecutive rising session.

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Bitcoin's price fell from a peak above $126,000 to below $104,000 in just 10 days during October 2025, erasing gains from an earlier rally. The drop, which wiped out $600 billion from the crypto market, was triggered by renewed U.S.-China trade threats from President Trump, alongside banking concerns, ETF outflows, and geopolitical uncertainties. Analysts warn of potential further declines into 2026.

Bitcoin has surged to a new peak of $125,800, reflecting strong market momentum in cryptocurrencies. This development coincides with spot Bitcoin ETF inflows exceeding $50 billion. Meanwhile, new EU DAC8 rules are set to impact the crypto sector.

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Bitcoin's price climbed to $88,000 following the Bank of Japan's interest rate increase to its highest level in 30 years. Despite expectations of a risk-off move, the hike did not trigger a flight to the yen, with futures traders instead piling into leveraged long positions. Ether outperformed bitcoin amid broader altcoin weakness.

 

 

 

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