Bitcoin News: Bitcoin Pushes Above $68,000 as Markets Look Past Trump Tariffs, Altcoins Extend Gains

Bitcoin climbed above $68,000 on Friday, extending its rebound as crypto markets largely brushed off renewed U.S. tariff headlines and legal uncertainty around President Donald Trump’s trade measures. The move marked a modest but notable continuation of risk appetite, with altcoins leading gains.BTC Breaks $68K Despite Tariff NoiseBitcoin rose through the $68,000 level after spending much of the session consolidating just below it, signaling limited sensitivity to a volatile sequence of U.S. trade developments. Earlier in the day, the U.S. Supreme Court ruled Trump’s global tariff rollout illegal, adding uncertainty around existing levies. By the afternoon, Trump announced a new 10% global tariff under Section 122, set to take effect within days.Despite the back-and-forth, crypto prices pushed higher, suggesting markets are viewing the tariff news as macro noise rather than a decisive risk-off catalyst.Altcoins Lead as Broad Crypto Index AdvancesThe CoinDesk 20 Index rose roughly 2.5%, with BNB, Dogecoin (DOGE), Cardano (ADA), and Solana (SOL) posting gains of 3%–4%, outperforming Bitcoin on the day.Traditional markets also advanced, with the S&P 500 and Nasdaq 100 gaining 0.9% and 0.7%, respectively. Crypto-linked equities followed suit: Coinbase (COIN), Circle (CRCL), and Strategy (MSTR) each rose more than 2%.Bitcoin miners tied to AI and data-center expansion continued to lag, with Riot Platforms (RIOT), Cipher Mining (CIFR), IREN, and TeraWulf (WULF) down 3%–6%.Rangebound Outlook Still DominatesDespite the move above $68,000, traders remain cautious about upside follow-through.“We’ve seen a modest rally as markets interpret tariffs as broadly negative for growth,” said Paul Howard, director at trading firm Wincent. “But volumes remain muted, and without a clear macro catalyst, crypto is still likely to trade rangebound.”Geopolitical Risks Remain on the RadarBeyond trade policy, investors are watching rising geopolitical tensions, including the risk of U.S. military action involving Iran, which could inject fresh volatility across global markets.For now, Bitcoin’s push above $68,000 reinforces the view that crypto remains resilient to headline-driven shocks, even as conviction stays limited and price action points to consolidation rather than a decisive breakout.