Bitcoin Price Analysis: BTC Posts Marginal Recovery As Trump Walks Back Tariff Threats

Bitcoin (BTC) registered a marginal recovery on Thursday as tensions around Greenland cooled after President Trump struck a calmer tone and walked back tariff threats on European allies, easing investor concerns and calming a jittery market. 

The broader cryptocurrency markets also edged higher as geopolitical tensions cooled, helping stabilize risk appetite. However, several market sentiment indicators remain in “fear” territory. 

President Trump’s tariff threats against major European allies led to a $150 billion crypto market selloff, dragging BTC below $90,000 to a low of $87,767 on Tuesday. 

Senate Agriculture Committee Reveals Updated Crypto Market Structure Bill 

The United States Senate Agriculture Committee has released an updated version of its crypto market structure legislation. However, committee chairman John Boozman conceded that they were unable to reach a bipartisan agreement with Democratic lawmakers. However, Boozman remains optimistic about reaching an agreement and is looking forward to the committee’s scheduled markup next week. The Agriculture Committee has scheduled its markup for Tuesday at 3 PM ET. The markup is a key step as lawmakers continue efforts to create a regulatory framework for digital assets in the US. Fox Business reporter Eleanor Terrett stated, 

Strategy Pushes Bitcoin Holdings Past 700,000 BTC After Latest Purchase 

Michael Saylor’s Strategy has made another large Bitcoin (BTC) Purchase, taking the company’s total holdings past the $700,000 BTC mark. According to a filing with the US Securities and Exchange Commission (SEC), Strategy purchased 22,305 BTC last week, at an average price of $95,284. The latest acquisition takes Strategy’s Bitcoin (BTC) holdings to 709,715 BTC, purchased for around $53.92 billion, at an average price of $75,979 per coin. 

The purchase is the company’s largest since February last year, when it purchased 20,356 BTC for around $2 billion, and marks a quickening pace of Bitcoin acquisition. Strategy had also announced a 13,627 BTC purchase on January 12, 2026. Strategy’s purchase comes amid a jump in Strategy (MSTR) share prices. MSTR surged past $185 on Wednesday, coinciding with Bitcoin’s move past $97,000. Strategy’s recent acquisitions come after an extended period of uncertainty for digital asset companies (DAT). James Butterfield, head of research at CoinShares, believes the market will re-evaluate which DATs will survive by fitting the accumulation model. Butterfill had stated in December, 

Strive Planning $150M Raise 

Asset manager Strive plans to raise approximately $150 million through a preferred stock offering, with the proceeds to be used for debt repayments and Bitcoin purchases. According to an announcement on Wednesday, Strive plans to sell shares of its Variable Rate Series A Perpetual Preferred Stock, trading under the SATA ticker. The firm plans to use the capital to pay down liabilities at its subsidiary, Semler Scientific. This includes purchasing a portion of Semler’s 4.25% convertible senior notes due in 2030 and outstanding borrowings under a master loan agreement with Coinbase Credit. Strive says the move helps simplify its balance sheet, returning to a “perpetual-preferred only amplification model.” 

Bitcoin (BTC) Price Analysis 

Bitcoin (BTC) faced a tumultuous Tuesday as President Trump’s tariff threats over Greenland sparked panic and triggered a $150 billion selloff. President Trump’s remarks triggered a global risk-off sentiment, pushing gold to record highs while dragging Bitcoin below $90,000. Leveraged positions unwound as investors continued treating Bitcoin as a speculative asset rather than the safe haven its supporters claim it to be. 

President Trump targeted key European allies with a 25% tariff unless a deal for Greenland is reached, in an extraordinary outburst. Analysts and economists warned that a 25% tariff could reduce European GDP by 0.2 percentage points. If implemented, the tariffs could reopen the trade war between the US and the EU. 

However, President Trump walked back the tariff threats and struck a much more conciliatory tone on Greenland, indicating a possible deal that helped calm a jittery market. President Trump claimed he had reached the “framework of a future deal” involving NATO over Greenland, and indicated he would hold off on the tariffs announced earlier this week. Trump’s tone was a clear toning down from the weekend’s heightened rhetoric, when Trump threatened to take control of Greenland and impose tariffs on US allies, spooking investors. According to reports, European leaders were preparing retaliatory measures, warning that the disagreement could spiral into a broader trade war. 

However, any agreement over a framework remains hazy, with Denmark rejecting the idea of ceding the semiautonomous island. NATO Secretary General Mark Rutte has also suggested that sovereignty was not on the table in his discussions with President Trump. Bitfinex analysts state that market conditions are stabilizing after substantial bearish pressure. However, spot Bitcoin ETFs have already recorded over $1 billion in outflows this week, indicating that institutional investors are pulling capital from risk assets. 

Bitcoin (BTC) ended the previous weekend in positive territory at $90,872. The price faced volatility on Monday, reaching an intraday high of $92,406 before settling at $91,188. Bullish sentiment intensified on Tuesday as BTC rallied, rising nearly 4% to $95,384. Buyers retained control on Wednesday as the flagship cryptocurrency crossed $97,000, reaching an intraday high of $97,963 before settling at $96,955. Selling pressure returned on Thursday as BTC fell 1.41% and registered a marginal decline on Friday, settling at $95,504.

Source: TradingView

Price action remained bearish over the weekend, with BTC dropping 0.41% on Saturday and 1.55% on Sunday to $93,633. Selling pressure persisted on Monday as the flagship cryptocurrency fell 1.15% to $92,559. Selling pressure intensified on Tuesday as BTC slipped below $90,000 and settled at $88,310. Despite the overwhelming selling pressure, the price recovered on Wednesday, rising 1.19% to $89,363. BTC is up almost 1% during the ongoing session, trading around $89,976.

Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.