Bitcoin, the world's largest cryptocurrency, jumped by more than 5%, reaching $90,313 after a Trump administration official hinted that the U.S. might roll back some tariffs on Mexico and Canada. U.S.

Bitcoin plunged more than 15% following former U.S. President Donald Trump’s threat to impose new tariffs on China, Mexico, and Canada.

Bitcoin's price was buoyed Wednesday on hopes President Trump would soften the punishing tariffs on key trade partners Canada and Mexico.

Howard Lutnick says Trump will ease, but not scrap, tariffs on Canada and Mexico as markets react to trade policy shifts.

Increasing correlation with US stocks and growing fears of a "Trumpcession" have been key drivers of the Bitcoin price correction in recent weeks.

The price of Bitcoin slipped below $82,000 Tuesday, reversing recent gains as President Trump’s 25% tariffs on Mexico and Canada took effect.

By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) -Bitcoin backpedaled on Monday after an early rise following U.S. President Donald Trump's weekend proposal for a national strategic reserve of cryptocurrencies.

Trump said in a post on Truth Social that his January executive order on digital assets would create a stockpile of currencies.

Bitcoin failed to recover the $85,000 level, where it traded before President Donald Trump's announcement of a U.S. crypto reserve sent it soaring.

The Bitcoin price hit all-time highs of US$109,115 on the day Trump was sworn into office. The post Bitcoin price surges on Donald Trump's cryptocurrency strategic reserve update appeared first on The Motley Fool Australia.

Bitcoin’s rally faded Monday as traders worried about the economic impact of proposed tariffs. The concerns overshadowed excitement about Donald Trump’s announcement of a U.S. strategic crypto reserve.