News

B itcoin rebounded Tuesday after U.S. Commerce Secretary Howard Lutnick hinted that President Donald Trump might be reconsidering his own tariffs, less than 48 hours after imposing them.

Speaking on Fox News, Lutnick suggested that a compromise on trade measures could be announced as early as tomorrow, signaling relief for U.S.-Mexico-Canada Agreement (USMCA)-compliant goods.

While markets reacted to the potential shift in economic policy, another major event unfolded in the crypto space — an ancient Bitcoin wallet from the Satoshi-era suddenly became active after 14 years.

Blockchain data revealed that six Bitcoin addresses — untouched since 2011 — moved a total of 250 BTC, worth over $22 million at today’s prices. These addresses used legacy wallet formats, which were common when Bitcoin first launched but are now rarely seen in modern transactions.

When Satoshi-era Bitcoin wallets move funds, it typically sparks speculation in the crypto community. These wallets, dating back to Bitcoin's early days, are often linked to early miners or even Satoshi Nakamoto himself. Movement from such addresses can signal long-dormant holders cashing out, potential security concerns, or historical Bitcoin being reintroduced into circulation.

Bitcoin’s recovery as Trump weighs tariff rollback

Bitcoin had plunged below $82,000 earlier this week as Trump’s 25% tariffs on Mexico and Canada took effect. However, news that the administration is considering tariff relief helped BTC rebound above $87,000. Traders remain on edge as the White House is expected to clarify its trade stance in the coming days.

Lutnick’s comments suggested that changes could be announced by April 2, with some tariff relief for USMCA-compliant goods, though not a full rollback. “The administration will balance the U.S. budget while ensuring economic stability,” he said.