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This week in Bitcoin: Trump tariffs and DeepSeek fuel plunges, but Tether is coming

Bitcoin’s price has been volatile, recently sitting at 101,880 USD, marking a drop of almost 3% from previous highs. The fluctuations are attributed to market reactions to Trump tariffs and the launch of DeepSeek’s new AI model.

The announcement of new tariffs (25% on Mexico and Canada, and 10% on China) triggered a decline in Bitcoin, pushing its value beneath 102,000 USD. However, Federal Reserve’s hints at interest rate cuts provided temporary relief for Bitcoin holders.

Tether announced that its USDT token will soon be integrated into Bitcoin’s blockchain alongside the Lightning Network, a major advancement for stablecoins and signaling increased confidence in Bitcoin’s future.

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