Bitcoin price surges as US-Mexico trade tariffs are suspended. Learn about the significant increase in Bitcoin value due to the agreement between the two countries.
Following the announcement of a one-month suspension of trade tariffs between the US and Mexico, the price of Bitcoin (BTC) saw a significant surge from the floor of $91,300 to near $100,000. This price increase occurred after Claudia Sheinbaum, the President of Mexico, declared an agreement with the US to suspend tariffs and deploy 10,000 National Guard troops at the border to prevent drug trafficking. The price of Bitcoin, which had plummeted due to Trump’s imposition of a 25% tariff on imports from Mexico and Canada, saw a strong upward trend with this positive news.
