Bitcoin gained ground during Monday's trade session after dropping to the $76,000 range earlier this month. The cryptocurrency now rallied above $87,000, reaching a price unseen since March 7. Investors are likely somewhat relieved by the latest reports about the Trump administration's tariffs, which will be imposed on April 2. According to the Wall Street Journal, the measures will probably be more targeted than the previously suggested broad levies, suggesting that their impact on economies could be more limited.
Bitcoin added 1.89% at 7:06 am ET and went for $87,726.504. Ethereum jumped by 4.40% at the same time, selling for $2,094.6383.
