{"id":11091,"date":"2025-02-03T16:16:55","date_gmt":"2025-02-03T16:16:55","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=11091"},"modified":"2025-02-03T16:16:55","modified_gmt":"2025-02-03T16:16:55","slug":"bitcoin-rallies-toward-100k-as-mexico-and-us-suspend-tariffs","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=11091","title":{"rendered":"Bitcoin Rallies Toward $100K as Mexico and US Suspend Tariffs"},"content":{"rendered":"
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The massive volatility caused by the US tariffs against a few countries continues to impact the crypto market, but this time in the opposite direction after a positive development on the US-Mexico front.<\/p>\n

Bitcoin\u2019s price, which had tumbled to under $92,000 earlier today, exploded by several grand in less than an hour to almost $100,000.<\/p>\n

\"BTCUSD.<\/a>
BTCUSD. Source: TradingView<\/figcaption><\/figure>\n

A lot can and was said<\/a> of what transpired in the crypto markets within the past couple of days. BTC stood strong above $102,000 on Saturday evening but started to lose value gradually as US President Trump signed orders to impose a 25% tax on Canadian and Mexican imports and 10% on Chinese.<\/p>\n

Canada\u2019s Prime Minister retaliated immediately, China said it will seek a more favorable resolution with the World Trade Organization, and Mexico said it will think of its next move.<\/p>\n

BTC\u2019s price kept plunging, especially on Monday morning when the Asian markets opened and dumped to a three-week low of around $91,300 (on Bitstamp). However, it bounced off<\/a> and stood primarily around $95,000 for the past few hours before the bulls initiated a massive surge to over $99,000 minutes ago.<\/p>\n

This impressive recovery took place as Mexico\u2019s president \u2013 Claudia Sheinbaum \u2013 said her country had agreed with the US to pause the tariffs for a month.<\/p>\n

Additionally, she said<\/a> Mexico will \u201cimmediately reinforce\u201d its border with the US with 10,000 National Guard soldiers to \u201cprevent drug trafficking from Mexico to the United States, particularly fentanyl.\u201d<\/p>\n

The post Bitcoin Rallies Toward $100K as Mexico and US Suspend Tariffs<\/a> appeared first on CryptoPotato<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

The massive volatility caused by the US tariffs against a few countries continues to impact the crypto market, but this time in the opposite direction after a positive development on the US-Mexico front. Bitcoin\u2019s price, which had tumbled to under $92,000 earlier today, exploded by several grand in less than an hour to almost $100,000. […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-11091","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/11091","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=11091"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/11091\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=11091"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=11091"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=11091"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}