Bitcoin Rebounds After Market Shock from U.S. Tariff Policy

Following a sharp decline triggered by former U.S. President Donald Trump’s announcement of new import tariffs, Bitcoin is showing signs of recovery. According to Coinmarketcap data on Tuesday, February 4, 2025, Bitcoin has rebounded to USD 101,393 per coin, equivalent to approximately IDR 1.65 billion (assuming an exchange rate of IDR 16,430 per USD).

A report from Yahoo Finance stated that Bitcoin previously plunged to USD 95,000, marking a 4.1% drop, following market panic over the latest trade policy changes. However, in the past few hours, Bitcoin has regained strength, demonstrating its resilience against external economic pressures.

Bitcoin’s Recovery Amid Market Volatility

Despite the initial downturn, investors are returning to Bitcoin as a hedge against global uncertainty. Analysts have observed that whenever economic policies disrupt the stability of traditional financial markets, Bitcoin tends to recover quickly.

Confidence in cryptocurrencies as an alternative asset class continues to strengthen amid economic volatility. Alongside Bitcoin, Ethereum, which previously dropped by as much as 17%, has also started to climb as the crypto market recovers.

Overall, the digital asset market is showing signs of stabilization after losing nearly USD 500 billion in market capitalization over the weekend.

Temukan berita dan artikel lainnya di Google News