Bitcoin's fundamentals held up well during the latest dip, suggesting underlying strength, Swissblock analysts said.

Bitcoin jumped more than 6% after Trump announced a one-month delay on auto tariffs for Canada and Mexico, easing market concerns.

Bitcoin (BTC) drifted back to $85,000 at the Feb. 27 Wall Street open as markets digested confirmation of new US trade tariffs. BTC price sells off as Trump says tariffs will go ahead Data from Cointelegraph Markets Pro and TradingView showed BTC/USD pulling back from a relief bounce to $87,

Mexican billionaire Ricardo Salinas has ramped up his Bitcoin exposure, now allocating 70% of his portfolio to the leading cryptocurrency.

Bitcoin's price was buoyed Wednesday on hopes President Trump would soften the punishing tariffs on key trade partners Canada and Mexico.

Bitcoin's price rose 7% near $90,000 amid optimism for a potential trade compromise between the U.S., Canada, and Mexico. Ethereum also recovered 6.1% to surpass $2,200, following news of potential tariff avoidance.