Bitcoin Volatility Increases as Trump Tariffs and Sovereign Wealth Fund Plan Shake Markets

The cryptocurrency sees sharp price fluctuations following U.S. trade policies and speculation over a potential government Bitcoin reserve.

Bitcoin prices fluctuated between $91,000 and $102,000 this week, influenced by U.S. President Donald Trump's tariff decisions and geopolitical tensions.
Tariffs on Canada and Mexico were delayed for 30 days, temporarily easing market fears, but new tariffs on Chinese goods and China's retaliatory measures reignited concerns.
Trump signed an executive order to create a U.S. sovereign wealth fund, sparking speculation about potential government Bitcoin purchases, though no confirmation has been made.
Experts highlight Bitcoin's short-term volatility and its decoupling from gold as investors shift toward traditional safe-haven assets during economic uncertainty.
A bipartisan working group in the U.S. is evaluating new crypto regulations and the feasibility of a strategic Bitcoin reserve, signaling potential long-term impacts on the market.