Bitcoin Holds Above $100K Amid Trade-Tariff, Geopolitical Risks

Bitcoin and the broader cryptocurrency market have shown remarkable resilience amid ongoing geopolitical tensions and economic uncertainties, including U.S. tariffs and Middle Eastern conflicts. Despite a brief dip below $98,000 due to geopolitical concerns, Bitcoin quickly rebounded above $100,000, supported by strong institutional demand and profit-taking by large holders rather than panic selling. The looming July 9 deadline set by President Trump for trade negotiations is seen as a critical factor influencing market movements, with potential tariff adjustments impacting inflation and cryptocurrency prices. Investors remain cautious of continued volatility, as analysts highlight divergent performances among major cryptocurrencies like Ethereum and Solana amidst macroeconomic events such as Federal Reserve testimonies. Meanwhile, a high-profile dispute between billionaire investors Michael Saylor and James Chanos over Bitcoin's valuation has drawn significant attention, reflecting broader debates about the cryptocurrency's future and its growing influence on traditional financial markets. Overall, while short-term volatility persists, the market's adaptability and long-term institutional interest suggest sustained growth potential for cryptocurrencies.