Bitcoin briefly dipped after President Trump announced plans to raise global tariffs to 15%, but quickly rebounded as markets stabilized. The cryptocurrency fell immediately following Trump's Truth Social post declaring he would increase the temporary tariff on imports from 10% to 15%, before paring losses and trading back near earlier levels.

Despite the initial drop, Bitcoin remains up 0.7% overall. Traders monitored the 24/7 Bitcoin market for signals on how broader markets might react when major exchanges reopen over the weekend and into Monday. The tariff increase follows a Supreme Court ruling against parts of Trump's emergency tariff program, adding to market uncertainty.

The tariff announcement triggered volatility across risk assets, with Bitcoin mirroring the broader market reaction before recovering. This pattern suggests that while Bitcoin remains sensitive to macroeconomic policy shifts, it's also demonstrating resilience in the face of trade-related uncertainty.