Bitcoin remained steady near the $108,000 level on Tuesday, showing resilience despite renewed tensions in global markets. The move follows a fresh wave of risk aversion triggered by President Donald Trump’s issuance of additional tariff letters to several countries and the extension of the reciprocal tariffs deadline to August 1.
Despite trade uncertainty, institutional interest continues to support price
Despite mounting trade-related uncertainty, institutional and corporate interest in Bitcoin remains strong. Investment firm Murano announced the addition of Bitcoin to its corporate treasury, while spot Bitcoin ETFs recorded fresh inflows on Monday, helping stabilize the cryptocurrency near current levels.
Bitcoin holds firm amid tariff-related uncertainty
Bitcoin continued to trade steadily around the $108,000 level during Tuesday’s European session, after a slight decline the day before. Despite Trump’s tariff announcement on Monday, the cryptocurrency showed notable stability.
According to a report from The Kobeissi Letter, Trump issued further “tariff letters” targeting a group of Asian and African nations, and warned that any country aligning with the BRICS alliance’s anti-American policies would face an additional 10% tariff — with no exceptions.
These tariffs are scheduled to take effect on August 1, sparking a new wave of global risk-off sentiment and pushing Bitcoin briefly below $109,000 on Monday.
Analyst Harish Menghani of FXStreet commented: “With no major U.S. economic data on Tuesday, market attention will shift to the FOMC meeting minutes set to be released Wednesday.”
Investors will be looking for signals on the Federal Reserve’s interest rate trajectory — a key factor in dollar demand and, by extension, Bitcoin’s price action as the world’s largest digital asset by market capitalization.
Murano Hotels joins corporate Bitcoin treasury race
Murano Global Investments — a Nasdaq-listed real estate firm focused on hotels and resorts — announced Monday that it had enhanced its institutional strategy by building a Bitcoin treasury.
The company recently purchased 21 BTC and joined the “Bitcoin for Corporations” initiative, a program led by Michael Saylor’s MicroStrategy to accelerate institutional adoption of Bitcoin.
Murano also entered into a standby equity purchase agreement (SEPA) with Yorkville for up to $500 million. Proceeds from future share sales will be directed in part toward Bitcoin investments under the company’s general corporate strategy.
Beyond corporate treasuries, institutional investor interest remains robust. Data from SoSoValue showed that spot Bitcoin ETFs recorded $216.64 million in net inflows on Monday — the third consecutive day of positive flows since July 2.
Should these inflows persist or accelerate, Bitcoin may test or even surpass its previous record highs.
Signs of escalating geopolitical tensions
The BBC reported Tuesday that President Donald Trump announced the U.S. will resume shipments of weapons to Ukraine, reversing a previous decision last week to pause certain critical military aid.
In a meeting with Israeli Prime Minister Benjamin Netanyahu, Trump stated he was “not happy” with Russian President Vladimir Putin, adding that “Ukraine is facing very severe attacks.”
Pentagon spokesperson Sean Parnell confirmed in a statement: “At the direction of President Trump, the Department of Defense is sending additional defensive weapons to Ukraine to ensure its ability to defend itself, while we work toward a lasting peace and an end to the killing.”
This development signals a potential escalation in the war in Ukraine. Should geopolitical and military tensions intensify further, investors may shift toward traditional safe-haven assets such as gold — a shift that could dampen sentiment toward risk-on assets like Bitcoin.
