However, the pause did not include tariffs on China, which were raised to 145%. The policy triggered retaliatory levies from China and led many investors to flee American markets, fearing the consequences of a potential trade war. Bitcoin fell to a yearly low of $75,000 as tensions between the nations escalated.
“While the IPO bump is likely short-term excitement, the long-term institutional positioning leads us to be bullish about Bitcoin’s continued performance in 2025,” David Siemer, CEO of crypto asset management company Wave Digital Assets, told Fortune.
