Of the truth the Trump tariffs has really increase the price of Bitcoin, since he made the announcement on April 2 of the increments in tariffs, the market strength has been growing, while the global market stock start going down, Bitcoin price has been on an upward trend from that time of around $70 till today price of $117.
Also the traditional financial marketers are now seeing and embracing Bitcoin as most reliable .
It is fascinating how Donald Trump tariff announcements seem to have boosted Bitcoin price which jumped from around $70k to $117k since April 2nd while global stock market has been falling. This trend suggests that some investors are now seeing Bitcoin as safe haven much like gold when there is economic uncertainty from trade disputes and tariffs. Since Bitcoin is not controlled by any single government it becomes more appealing when traditional markets are unstable and fact is that more mainstream financial players are accepting it further proves its growing role as reliable investment.
Seems that your post and the two above this one all agree the sudden rise of bitcoin's price is attributed to these new sets of Tariffs that Trump has imposed on several countries including the Philippines and Malaysia.
https://www.nytimes.com/2025/07/13/business/economy/trump-tariffs-trade-deals.htmlBut I have to agree with the above poster what is going on with the Federal Reserve and Powell's pending resignation could also be the contributing factor to the price of bitcoin now reaching another ATH at $122,500 and hasn't shown slowing down anytime soon.
We could see it reach $150k by the time when Jerome Powell actually does put in his formal resignation.