Bitcoin was rising marginally, reflecting cautious optimism over U.S. tariffs being more targeted than previously thought, Saxo Bank analysts said in a note.
President Donald Trump has hinted there could be some exemptions for certain countries on his plans for reciprocal tariffs on April 2.
“Analysts remain cautious, viewing recent price action as potentially misleading ahead of further clarity on Trump’s tariff policies,” the analysts said.
Bitcoin is last up 0.4% at $88,218, according to LSEG.
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