Global cryptocurrency markets experienced volatility due to escalating tariff tensions initiated by US President Donald Trump. On March 5th, Bitcoin saw a notable surge, with international exchanges reporting a 3.33% increase, bringing its price to approximately $86,927.
Indian exchanges mirrored this positive trend, displaying an even stronger rally of around 4.50%. On platforms like CoinSwitch and Giottus, Bitcoin traded at roughly $91,263. Analysts attribute this fluctuating market behavior to the uncertainty introduced by President Trump’s proposed tariffs, which impacted overall market sentiment.
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