Bitcoin, the world's largest cryptocurrency, jumped by more than 5%, reaching $90,313 after a Trump administration official hinted that the U.S. might roll back some tariffs on Mexico and Canada. U.S.

Bitcoin's fundamentals held up well during the latest dip, suggesting underlying strength, Swissblock analysts said.

After a steep dip to around $78K, Bitcoin rebounded sharply, crossing the $90,000 mark after Trump announced the delay on auto tariffs for Canada and Mexico. This triggered renewed optimism in the markets, especially among crypto traders. But does this momentum suggest a clear path toward a six-figure target?