Bitcoin (BTC) met a significant price correction on Monday February 3, 2025. Access fell below $ 93,000. BTC made a recovery during the early hours on Tuesday, February 4, 2025. The asset returned briefly at $ 100,000 but has since dropped to the $ 98,000 level.
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Why is Bitcoin growing today?
BTC recovered on Tuesday after President Trump paused customs for 30 days. The crypto market can make a recovery if the taxed countries can deliver President Trump’s demands.
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Will the original Cryptocurrency hit a new highest time?
According to Coincex, Bitcoin (BTC) will surpass its highest time later this week. The platform predicts the asset to continue to collect in the coming months. CoinCex predicts BTC to hit a new top of $ 159,923 on May 5 2025. Struggling $ 159 923 from current price levels will mean a rally of about 61.99%.
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There is also a possibility that BTC will meet another correction. If the Trump administration takes back its tariffs, the Cryptocurrency market can dip again. How things develop in the coming weeks is not yet to be seen.