Thursday's Bitcoin, after all, seemed to react to Trump's tariff comments. It dropped close to $65,900, then recovered to around $67,000, and volatility remains intense as ever. There was a statement that the U.S. trade deficit was reduced by 78% thanks to tariffs, but the market isn't fully convinced by that; rather, it seems more concerned about how tariff policies might impact interest rates.

Recently, Bitcoin has been treated like a macroeconomic indicator. If interest rates stay high, the dollar strengthens, and risk assets like Bitcoin come under pressure. So it's not just about "what will happen to tariff policies," but more about "how they will change the financial environment" that matters.

By the way, the U.S. trade deficit in early January had fallen to about $29.4 billion, which is indeed a reduction, but some economists point out that part of this figure is due to temporary gold flows. If tariff issues truly lead to a tighter financial situation, Bitcoin's upward trend might become harder to sustain. The key question is whether this will end as political noise or lead to a substantial change in the financial environment.