The bitcoin, which had sharply dropped before hitting the $120,000 mark, has slightly risen and is trading in the $109,000 range.
According to the global virtual asset market tracking site CoinMarketCap on the 24th, as of 7:54 a.m., bitcoin is trading at $109,183. This marks a price increase of 0.80% compared to the previous day.
On the 22nd, bitcoin surpassed the $110,000 mark for the first time, but with signs that U.S. President Donald Trump may escalate the tariff war, it fell to the $107,300 range. On the 23rd (local time), President Trump noted on social media platform Truth Social, "I recommend imposing a 50% tariff on the European Union (EU) starting June 1, 2025." However, two days later, on the 25th, he stated that the 50% tariff on the EU would be postponed until July 9.
Cryptocurrency analyst Poseidon remarked, "There is no special resistance above the current price; if the situation (tariff war) resolves well, it could easily rise."