Analysis: Trump's comments about a 78% reduction in the trade deficit stirred the market, with Bitcoin fluctuating wildly in response to macroeconomic expectations.

PANews reported on February 19th, citing CoinDesk, that market focus has shifted to Trump's latest statements on trade and tariffs. In a post on Truth Social, he stated that the US trade deficit has "reduced by 78%" due to tariffs imposed on other countries and businesses, and indicated that the US is on track to achieve its first trade surplus in decades this year. This may have influenced Bitcoin's volatile trading on Thursday, rebounding to around $67,000 after briefly falling to approximately $65,900. Analysts believe that escalating tariff expectations could impact the inflation path and reinforce market pricing in higher and longer interest rates. In this scenario, the US dollar typically strengthens, putting pressure on risk assets, and crypto assets like Bitcoin are also susceptible to changes in liquidity and interest rate expectations. Market observers believe that if the tariff narrative is further strengthened, driving a stronger dollar and tighter financial conditions, Bitcoin's rebound momentum may be unsustainable. Conversely, if these statements fade into political noise, the crypto market may refocus on fund flows, leverage, and key technical levels.