“Uptober’s” legacy was put to the test towards the end of last week when US President Donald Trump threatened to impose 100% tariffs on crucial Chinese technology products. The crypto market nosedived immediately after the announcement, with Bitcoin (BTC) briefly crashing to as low as $101,000 on some exchanges.

In the following days, though, the bulls reclaimed much of the losses, and now the big question is whether the asset is ready to soar to a new all-time high during this cycle.

“Uptober’s” legacy was put to the test towards the end of last week when US President Donald Trump threatened to impose 100% tariffs on crucial Chinese technology products. The crypto market nosedived immediately after the announcement, with Bitcoin (BTC) briefly crashing to as low as $101,000 on some exchanges.

In the following days, though, the bulls reclaimed much of the losses, and now the big question is whether the asset is ready to soar to a new all-time high during this cycle.