Despite Bitcoin's prices, altcoin recovery continues at the $66 level

The cryptocurrency market is showing an interesting stabilization following President Trump’s new tariffs decisions. Bitcoin is gaining strength in its current position, testing the market dynamics. In the last 24 hours, Bitcoin traded around $66,960, exhibiting unexpectedly resilient behavior.

Laws Repealed, New Tariffs Introduced: Contradictory Effects of the Decisions

Earlier this week, the U.S. Supreme Court’s decision to overturn President Trump’s global tariff order provided a breath of relief for investors. However, later that afternoon, a completely different scenario emerged: under Section 122, a new 10% global tariff on existing tariffs was set to take effect within 72 hours.

Market reactions differed from analyst expectations. Risk assets saw slight gains amid this uncertainty. Crypto-related stocks, especially Coinbase, Circle, and Strategy, rose over 2%.

Altcoins Slightly Rebound While Bitcoin Remains Steady

The CoinDesk 20 Index increased by 2.5% over the past 24 hours. In the altcoin sector, DOGE is around $0.09, ADA at $0.25, and Solana (SOL) at $82.65, with gains between 3% and 4%.

Broader exchanges also experienced slight improvements: the S&P 500 rose by 0.9%, and the Nasdaq 100 by 0.7%. Bitcoin’s relatively calm stance during this period reflects the scenario set by major market players.

Crypto miners, especially those linked to AI infrastructure, performed weaker. Riot Platforms, Cipher Mining, and TeraWulf declined between 3% and 6%.

Narrow Range Scenario Dominates: Investors Stay on Hold

How do trading analysis firms interpret the current situation? Wincent’s director, Paul Howard, suggests that the small recovery seen in risky assets after tariff news might reassure investors who believe these decisions could harm the macro environment.

However, Howard points out an important aspect: trading volumes remain low. This indicates that breaking out of the narrow band around $66,000—upward or downward—will be difficult unless a macro or geopolitical shock occurs.

Experts closely monitoring developments warn that potential attack orders against Iran from Trump could emerge in the coming days. Such geopolitical events could serve as significant catalysts to move the crypto market.

Latin America and Stablecoins: New Centers of Growth

Looking at the broader picture, the crypto market is gaining new regional hubs. Transaction volumes in Latin America are expected to reach $730 billion by 2025, a 60% increase. Brazil and Argentina are leading: Brazil is the top in volume, while Argentina is seeing increased cross-border payments and stablecoin adoption.

In these regions, stablecoins are used differently from Bitcoin’s stabilizing role—they serve as practical payment tools and means of remittance. They create an alternative independent of centralized financial institutions.

Bitcoin’s current resistance level and the moderate recovery of altcoins suggest the market is somewhat better prepared against macro risks. However, the narrow band scenario indicates investors are waiting for more confirmation before making significant moves.