Bitcoin whale activity has surged following President Trump's 90-day pause on key tech tariffs, reigniting risk appetite in the crypto market.
The number of wallets holding 10 or more BTC increased by 132 in just 24 hours, indicating high-stake investors' confidence in the market.
The tariff exemptions, aimed at giving U.S. companies time to shift their supply chains away from China, have provided relief for tech firms like Apple and Nvidia.
The surge in Bitcoin price and investor confidence is driven by the tariff pause and the inclusion of semiconductor components, which are critical to the crypto ecosystem.