Bitcoin (BTC) price rises above $84,000, memecoins lead the market higher

Bitcoin is building momentum, rising over 2% on the day to over $84,000, with memecoins leading the market higher, followed by tokens associated with artificial intelligence and gaming.

President Donald Trump said Wednesday he would announce a “very humane” but firm approach toward all U.S. trading partners ahead of the planned introduction of reciprocal tariffs.

“We are putting in place a very humane and fair plan for tariffs with a small “t,” Trump told reporters at the White House.

The president’s comments come ahead of the planned announcement of tariffs on Wednesday. Trump said the tariffs would be announced “in the morning.”

Trump said he had a “very good” conversation with Chinese President Xi Jinping on Tuesday evening. The two leaders discussed trade and other issues.

“We’re getting along very well with China,” Trump said. “We have great respect for each other.”

The president also said he had a “terrific” conversation with Japanese Prime Minister Shinzo Abe on Tuesday. The two leaders discussed trade and security issues.

“We have a very special relationship with Japan,” Trump said.

Trump’s administration has been engaged in a trade war with China for over a year. The two countries have imposed tariffs on billions of dollars’ worth of goods.

The presidents’ conversation comes amid heightened tensions between the two countries over trade, North Korea and other issues.

The two leaders agreed to stay in close contact, according to a statement from the White House.

“They agreed to continue working closely together to handle the trade and security issues in a comprehensive manner,” the statement said.

The presidents also discussed the importance of denuclearizing the Korean peninsula peacefully and completely, according to the statement.

The two leaders agreed to keep in close contact, the statement said.output: Plans for U.S. bitcoin taxes and a crypto reserve are advancing, while a technical indicator suggests that BTC's one-year percentage change is approaching the negative zone.

President Donald Trump pledged a “very humane” but firm approach toward all U.S. trading partners ahead of the planned introduction of reciprocal tariffs.

“We are putting in place a very humane and fair plan for tariffs with a small ‘t,’ Trump told reporters at the White House.

The president’s comments come ahead of the planned announcement of tariffs on Wednesday. Trump said the tariffs would be announced “in the morning.”

Trump said he had a “very good” conversation with Chinese President Xi Jinping on Tuesday evening. The two leaders discussed trade and other issues.

“We’re getting along very well with China,” Trump said. “We have great respect for each other.”

The president also said he had a “terrific” conversation with Japanese Prime Minister Shinzo Abe on Tuesday. The two leaders discussed trade and security issues.

“We have a very special relationship with Japan,” Trump said.

Trump’s administration has been engaged in a trade war with China for over a year. The two countries have imposed tariffs on billions of dollars’ worth of goods.

The presidents’ conversation comes amid heightened tensions between the two countries over trade, North Korea and other issues.

The two leaders agreed to stay in close contact, according to a statement from the White House.

“They agreed to continue working closely together to handle the trade and security issues in a comprehensive manner,” the statement said.

The presidents also discussed the importance of denuclearizing the Korean peninsula peacefully and completely, according to the statement.

The two leaders agreed to keep in close contact, the statement said.