Bitcoin Soars Amid Dollar Decline After Trump’s Tariff Talk, Mirroring Gold’s Record Rise: Analysts Cite Thin Liquidity

Bitcoin has reached its highest level since Trump’s tariff announcements, driven by a falling dollar and worries about the president potentially removing Federal Reserve Chairman Jerome Powell. This increase aligns with gold’s historic gains, indicating investors’ inclination towards safe-haven assets. Experts believe the significant surge is due to low trading volumes during the holiday period.

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