Bitcoin Spike to $90K Boosts Crypto Liquidations Above $1 Billion as Trump Dumps Tariffs

💡 DMK Insight

Trump’s tariff decision is more than just a political move—it’s a signal for risk appetite in markets. When geopolitical tensions ease, we often see a surge in risk assets like Bitcoin and equities. This latest announcement could be interpreted as a broader commitment to maintaining trade stability, which traders should watch closely. If Bitcoin continues to rally, it could challenge recent resistance levels, potentially opening the door for a breakout above key psychological thresholds. On the flip side, if this optimism fades, we might see a swift correction, especially if macroeconomic indicators start to shift negatively. Keep an eye on Bitcoin’s price action around recent highs and any shifts in sentiment that could lead to volatility in both crypto and stock markets.