Bitcoin Surges to $103k Amid Dip-Buying ActivityBitcoin rebounded strongly on Tuesday, climbing to $103,000 as traders engaged in dip-buying following recent declines. After briefly falling below the $100,000 threshold on Monday, Bitcoin’s recovery signals renewed interest despite persistent caution surrounding artificial intelligence developments and potential market volatility.


The market was also influenced by President Donald Trump’s regulatory plans following his latest executive order, which aims to introduce more favorable conditions for cryptocurrency markets. However, concerns over Trump’s tariff threats, with Treasury Secretary Scott Bessent suggesting a gradual 2.5% implementation, added uncertainty to risk-sensitive assets. Broader crypto prices saw gains alongside Bitcoin’s rally, driven by improving sentiment among traders.


Technical Overview

Attachments:

attachedImage