Bitcoin prices steadied on Monday, holding at $84,447, as investors digested temporary U.S. tariff exemptions amid escalating trade tensions with China. Although the White House announced that certain Chinese electronics imports would be excluded from the latest round of tariffs, the relief appeared short-lived. President Donald Trump signaled that new tariffs on semiconductors and electronics are on the way, keeping global markets on edge.
Bitcoin has endured sharp swings in recent weeks, sliding as low as $74,000, before rebounding on hopes of diplomatic progress. The cryptocurrency is still struggling to outpace broader risk assets, which posted stronger gains on Monday.
Market jitters persist as Trump’s cumulative tariff rate on Chinese imports hits 145%, with Beijing retaliating at 125%. Such geopolitical stress tends to erode demand for speculative assets like Bitcoin and altcoins, while traditional safe-haven assets—such as gold and the Japanese yen—gain traction.
Institutional Interest: Saylor Signals More Buys
Michael Saylor, chairman of MicroStrategy (NASDAQ: MSTR)—the world’s largest corporate holder of Bitcoin—hinted at further accumulation, despite recent losses. In a cryptic post on platform X, Saylor shared a BTC holdings tracker, historically used to precede the company’s major Bitcoin purchases.
MicroStrategy disclosed an unrealized loss of $5.9 billion in its digital asset portfolio in Q1 2025. Nevertheless, the company has already acquired 80,715 BTC this year, reinforcing its aggressive long-term bet on the digital currency.
This move comes as institutional investors continue to test the waters in a volatile environment. While Bitcoin’s recent stability may offer some reassurance, experts caution that macro headwinds—including potential U.S. recession risks—remain substantial.
Altcoins Flat as Traders Stay Guarded
While Bitcoin captured the spotlight, altcoins traded mostly sideways on Monday:
- Ether (ETH) rose 0.4% to $1,622.57
- XRP dipped 0.4% to $2.1331
- Solana (SOL) gained 2.7%
- Cardano (ADA) and Polygon (MATIC) dropped 0.6% and 3.2%, respectively
- Dogecoin (DOGE) remained flat
- $TRUMP, a meme-inspired token, fell 3.1%
This cautious sentiment reflects broader concerns that the ongoing U.S.-China trade conflict and looming recession fears could restrain further crypto momentum, at least in the near term.
As volatility continues to grip both traditional and digital markets, investors are advised to closely watch macroeconomic developments and institutional buying trends for clearer signals on crypto’s next move.
