Following Trump's recent tariff measures, Bitcoin saw a slight increase.

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Following Trump's recent tariff measures, Bitcoin saw a slight increase.

As investors assess President Trump's recent tariff actions, Bitcoin saw a slight increase. Trump announced a 25% customs tariff on automotive imports but suggested on April 2 that mutual tariff plans could be softened. He also expressed willingness to reverse tariffs imposed on China to facilitate a deal with TikTok.

Lee Hardman from MUFG Bank indicated that this could be a sign tariffs might be less destructive than feared. "Given the high level of uncertainty, market participants may be looking for more evidence of the tariffs' impact on economic activity and inflation," he stated. Bitcoin rose by 0.3% to reach $87,493.