Bitcoin Surges 3.46% to $87,127 as Trump Tariffs Ease Trade Tensions

Bitcoin's price has surged to $87,127 as of Monday, March 24, 2025, marking a 3.46% increase in trading. This surge comes as investors react positively to reports that the Trump administration may implement targeted tariffs rather than broad industry-wide measures. The administration is expected to focus on specific countries with major trade imbalances, a group reportedly dubbed the “dirty 15,” which could include major economies such as China, Japan, India, and Vietnam.

Treasury Secretary Scott Bessent has suggested that countries might be able to negotiate to avoid higher tariffs by reducing their own trade barriers. This more targeted approach to tariffs has helped ease market concerns about trade tensions, leading to increased confidence in riskier assets like cryptocurrencies. Bitcoin’s recent price movement coincides with a major accumulation phase, with over 172,705 BTC acquired since February 23, indicating growing demand in the market. This increase in demand mirrors similar activity seen after the FTX collapse, which marked the bottom of the market before a recovery phase began.

Network data also shows encouraging signs of growth. Active Bitcoin addresses have risen by 0.96%, reaching a total of 8.7151 million users. Transaction counts have surged by 1.66%, totaling nearly 500,000 transactions. These metrics highlight strong user engagement and reflect interest from both retail and institutional investors. The NVT Golden Cross, a metric that analyzes the relationship between Bitcoin’s network value and transaction activity, has surged by 34.58%. This suggests strengthening network fundamentals and growing investor confidence.

Institutional investors continue to fuel Bitcoin’s upward momentum. Spot Bitcoin ETFs in the US have recorded six consecutive days of inflows, showing renewed demand from larger investors. Japanese Bitcoin investment firm Metaplanet Inc has been increasing its holdings, currently holding over 3,200 BTC and plans to grow its reserves to 10,000 BTC by the end of 2025. In a move that connects the crypto world with the political sphere, Metaplanet has named Eric Trump to its Strategic Board of Advisors. The son of President Donald Trump is expected to support the company’s expansion strategy with his experience in finance and branding.

Former BitMEX CEO Arthur Hayes remains bullish on Bitcoin’s future. He predicts Bitcoin will surge to $110,000 before testing the $76,500 mark again. Hayes bases his optimism on expectations that the Federal Reserve will shift from quantitative tightening to quantitative easing. This change could inject more liquidity into risk assets like Bitcoin. This week, market attention will focus on the Federal Reserve’s core PCE price index, the central bank’s preferred inflation gauge. Analysts expect a slight uptick from 2.6% to 2.7%, which could influence market sentiment for Bitcoin and other digital assets.

With technical indicators pointing to a potential breakout and fundamental metrics showing strength, Bitcoin appears to be entering a new phase of growth. The combination of institutional interest and improving network metrics suggests the rally may have room to continue. The targeted tariff approach by the Trump administration has provided a boost to market confidence, contributing to the recent surge in Bitcoin's price. The accumulation phase and increased institutional interest further support the notion that Bitcoin is poised for continued growth in the near future.