Bitcoin Climbs to $86,900 as Crypto Market Reacts to Trade Tariff Uncertainty

Cryptocurrency prices show mixed movement following U.S. tariff escalations and market volatility.

Bitcoin rose by 3.33% to $86,927 on global exchanges, with Indian platforms reporting higher gains of 4.50%.
Ethereum saw a 3.40% increase internationally, reaching $2,178, while Indian exchanges reported a higher price of $2,324.
The cryptocurrency market capitalization remains volatile, currently valued at $2.86 trillion after testing the $3 trillion threshold recently.
Donald Trump's new tariffs on Canada, Mexico, and China have contributed to market uncertainty, impacting both crypto and traditional stock markets.
Analysts highlight that while institutional demand and regulatory discussions could stabilize the market, traders should prepare for continued volatility.