Bitcoin prices saw a slight increase on Friday, offering some relief after a decline following the news of tariffs earlier in the week. The price of the leading cryptocurrency inched up towards $84,000 after dropping below $81,500 on Thursday. This fall was triggered by President Trump's announcement of reciprocal tariffs, which surprised the markets and reduced investors' risk appetite.

While Bitcoin rebounded, stocks of crypto-related companies did not fare as well. Share prices of Robinhood Markets and Coinbase Global were down by 11% and 7% respectively. However, Strategy, a Bitcoin investor formerly known as MicroStrategy, saw its shares rise by over 3%.

In February, Bitcoin was trading at six-figure prices when investors were optimistic about its performance under Trump. The total cryptocurrency market capitalization currently stands at around $2.6 trillion, down from over $3.7 trillion in late 2024 according to CoinMarketCap data.