Tariff announcement stirs crypto markets, with Bitcoin and Ethereum seeing volatility but ending in growth.

President Trump's announcement of a 30% tariff on EU and Mexican goods impacted cryptocurrency markets, with Bitcoin trading down 0.21% to $117,504.96 and Ether down 1.42% to $2,942.52. Despite initial dips, Bitcoin later surged to $120,000, fueled by institutional investments and geopolitical factors. Ethereum saw a 17% weekly gain, while Solana and Dogecoin also experienced significant rallies. Analysts attribute the growth to institutional backing and market structure changes.