Bitcoin is rapidly rising after Trump's statements

Bitcoin price shows a sharp increase of more than 6% during trading after US President Donald Trump announced a 90-day suspension of additional import duties imposed on a reciprocal basis against certain countries.

This is evidenced by data from the Binance platform.

As of 21:18 Baku time, bitcoin was up 1.49% and was at the level of 78,310 dollars.

By 22:00 Baku time, bitcoin rapidly accelerated its growth and was at the mark of 82,485 dollars (+6.87%).

Earlier, Trump announced on the Truth Social network that he is suspending for 90 days the additional import duties imposed on a reciprocal basis, the tariff rate for some countries during this time will be 10%. At the same time, the American leader also announced an increase in import duties for China to 125%. Both decisions take effect immediately.