Bitcoin nears all-time high as stock market steadies after tariff fears

Stocks and Investing Stocks and Investing

Wed, May 21, 2025

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Bitcoin nears all-time high as stock market steadies after tariff fears

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Bitcoin nears all-time high as stock market steadies after tariff fears

^{Published on 2025-05-21 10:21:05 - Fortune}

The world's largest cryptocurrency last notched its highest price in January during President Donald Trump's inauguration.

Bitcoin is approaching its all-time high as investors anticipate potential tariff policies from Donald Trump, who has hinted at imposing tariffs on China if elected in 2024. The cryptocurrency market is reacting positively to the prospect of increased economic uncertainty, which traditionally drives investment into Bitcoin as a hedge against inflation and currency devaluation. Analysts suggest that if Trump's tariff plans materialize, it could lead to a significant rally in Bitcoin's value, potentially surpassing its previous peak. The article also discusses the broader implications of such tariffs on global trade and the potential for increased volatility in financial markets.

Read the Full Fortune Article at:
[ https://fortune.com/crypto/2025/05/21/bitcoin-nears-all-time-high-may-tariffs-donald-trump/ ]

N@N

Bitcoin nears all-time high as stock market steadies after tariff fears