BTC Price Today: Bitcoin Nears $86K Amid Waning Trump’s Tariff Woes

BTC price today: Bitcoin has recorded a surge of nearly 2%, indicating a renewed market confidence towards the flagship crypto. Notably, the crypto market has recorded volatile trading lately, especially as President Donald Trump’s Tariff policy has dampened market sentiment, triggering a massive selloff in the broader financial market. However, with recent indications of further tariff relief, the investors seem to be entering the digital assets space again today.

BTC Price Today Soars Amid Trump’s Tariff Relief

Bitcoin price surged nearly 2% today as global financial markets reacted to recent comments from Donald Trump. The US President hinted at easing certain trade barriers, sparking renewed interest in digital assets. Investors, previously spooked by tariff escalations, appear to be shifting focus back to crypto.

Bitcoin traded at $85,896k, after touching a high of $85,926 in the last 24 hours. However, its one-day volume fell nearly 6% to $28.58 billion while CoinGlass data showed that BTC Futures Open Interest rose around 1%, reflecting renewed market confidence.

Meanwhile, this rebound in the financial market comes as Trump suggested possible exemptions from the steep 25% tariffs on imported vehicles. This potential relief for key partners like Mexico and Canada has calmed nerves in a market rattled by protectionist policies.

According to reports, Trump’s administration has also walked back some earlier tariffs. Notably, gadgets like smartphones, laptops, and other tech products from China are now off the hook.

However, despite the softer rhetoric, uncertainty looms. Reports suggest the administration may target new areas, such as pharmaceuticals and semiconductors. These sectors are critical to global trade and could face steep duties. Tensions with China remain high, with certain goods still facing tariffs up to 145%, while China maintains retaliatory measures of 125%.

Crypto Market In Focus

Amid the looming market uncertainty, investors are once again shifting their focus towards the digital assets space, especially Bitcoin. Besides, the Trump administration is reportedly considering using tariff revenues to purchase BTC, which has further fueled market sentiment.

Besides, the recent meeting between Donald Trump and BTC president Nayib Bukele has further bolstered market sentiment. On the other hand, the US government is exploring ways to accumulate more BTC, according to Bo Hines, Executive Director of the Presidential Digital Asset Advisory Committee.

This move is part of President Trump’s commitment to make the US a global crypto leader. The government is considering using tariff revenues to fund a national Bitcoin reserve, signaling a potential shift in economic strategy.

With BTC currently trading near $86K, the administration’s plan could redefine digital assets’ role in the US economy. Besides, it could also help continue its run towards the run ahead.

Meanwhile, as BTC price today recorded a robust surge, analyst Michael van de Poppe has shared key insights on the potential future trajectory of the coin. In a recent X post, Poppe said that if BTC breaks through $87K, it could potentially target $92K to $94K in the coming days.

✓ Share:

• Recommended
• Price Analysis

• Michael Saylor Credits Bitcoin for Strategy’s Outperformance Over ‘Mag 7’ Stocks
• XRP Overtakes Shopify, Verizon, Citigroup in Market Value as Price Eyes $6
• Altcoin Season Index Hits New High As ETH, SOL, DOGE, and XRP Rally
• ‘Huge Breakthrough,’ Peter Brandt Says as Dogecoin Reclaims $0.30 Ahead ETF Launch
• Bitcoin Bull Cycle Could Extend To 2026, Arthur Hayes Predicts

• Bitcoin Price Q4 Rally Looms as ETF Inflows Hit $642M—Analyst eyes $150K
• Pepe Coin Price Prediction as the Token Jumps Nearly 20% – Will Whale Accumulation Take it to $0.00003?
• Pi Coin Price Prediction As Adam & Eve Pattern Signals Breakout Rally To $0.45 Ahead
• HBAR Price Prediction Amid DTCC Listing and Archax Expansion — Is $0.50 Next?
• Ethereum Price Eyes a 40% Surge as Morgan Stanley Shifts Fed Cuts Forecast

Best Crypto Presales To Invest In September 2025 – Top Upcoming Presale Tokens

Best Crypto AI Trading Bots In 2025

Top Meme Coins To Buy In September 2025

Rupam Roy

Rupam is a seasoned professional with three years of experience in the financial market, where he has developed a reputation as a meticulous research analyst and insightful journalist. He thrives on exploring the dynamic nuances of the financial landscape. Currently serving as a sub-editor at Coingape, Rupam's expertise extends beyond conventional boundaries. His role involves breaking stories, analyzing AI-related developments, providing real-time updates on the crypto market, and presenting insightful economic news. Rupam's career is characterized by a deep passion for unraveling the complexities of finance and delivering impactful stories that resonate with a diverse audience.