• Bitcoin is currently trading at $110,269, consolidating at $108–$114K level, with a steady momentum.
• The three key Trump moves by avoiding tariffs, supporting and promoting growth, and rebuilding investors’ confidence inspired the digital market worldwide, resulting in price uplift, especially in Bitcoin.
• Bitcoin and the global index charts show a slight price increase and growing risk appetite after Trump’s tariff truce announcement.

Bitcoin has just reached near $110K, after long days, marking a recovery from its recent volatility. The digital market is now holding a range between $108K and $114K, reflecting a positive tone between traders and investors.

Now the momentum is just changing after Trump’s recent statements. His decision to avoid the new tariffs on Chinese imports has a great impact. This announcement just helped to ease the market pressure and was immediately mirrored across the financial assets, mainly BTC. The world’s largest cryptocurrency is now trading at $110,484.79 with a gain of 0.3% over the past 24 hours.

Analyst Observes Tariff Truce as ‘Giga Bullish’ for BTC

According to the recent update on X by CryptoNobler, the market sentiment has just changed. Trump’s decisions have positively affected the market, reflecting traders’ trust. The tweet shares the price surge in Bitcoin as well as the broader interest, just after the tariff news. This is the clear effect of how political decisions affect price action.

The 3 Key Moves Of Trump Boosted BTC Price

1. Avoiding New Tariffs on China – The new decision for continuing the open trade talks, which pacified global investors, caused a slight decrease in the dollar, making alternative assets like Bitcoin more attractive as a hedge against economic uncertainty. The President said,

“We’re not looking to raise tariffs right now. We want fair trade, not trade wars.”

This softer tone towards China just shifted investors’ confidence and encouraged risk assets to rally upon.

2. Focus on Economic Growth – He put forward more pro-business policies and incentives, which might be helpful in strong economic growth. To the investors, this is a signal that liquidity and spending would remain strong. It’s a situation that would inspire both the stock and crypto markets.

3. Renewing the Market Trust – Trump assured stability and created long-term confidence in traders and investors after global uncertainty. The Improved market sentiment, with his statement, led investors to return to assets, like BTC, which is one of the large beneficiaries.

These moves together resulted in a more favourable market for Bitcoin. It mirrored the idea that political stability might result in renewed crypto interest.

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BTC Gains Strength After Trump’s Decision

According to the data taken from TradingView, BTC is now trading at $110,269. The resistance is near $114K, and the key support is at $108K. An increase in buying activity is evident in the RSI at 46, which points to the chance of a breakout from this consolidation phase.

These price movements coincide with Trump’s statements, reflecting how macroeconomic cues can affect price direction.

Global Index Chart Mirrors The Investor Confidence

According to the data curated from TradingView( U.S. Dollar Index (DXY) chart )mirrors this price change. From October 29–30, a correction happened, reflecting traders’ move toward other assets. This decline aligns with BTC’s price movements, revealing the relation of Trump’s tariff decision, which indirectly paved the way for Bitcoin.

The three key actions of Trump, as making the trade transactions easier, focusing on economic growth, and renewing the investors’ confidence, have resulted in a global response. This is what helped to lift Bitcoin to $110K.

These things also reveal that the impact of stable political decisions can shape the market’s path. If this trend continues, Bitcoin might test the $114K resistance, and will rise as the investors and traders remain positive.

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