Bitcoin's price saw a slight recovery to $105,319.2 on June 3, 2025, after a drop to $103,000 over the weekend due to profit-taking following a peak near $112,000 in May.

As of June 4, 2025, Bitcoin remained stable at $105,518.8, amid ongoing concerns regarding U.S. trade tariffs and economic conditions.

The cryptocurrency market remains rangebound due to economic uncertainty and worries over U.S. trade tariffs, which are impacting broader risk-driven markets.

The speculative nature of cryptocurrency markets makes them particularly vulnerable to shifts in investor sentiment, especially given the current geopolitical tensions and economic instability.

Despite recent purchases of approximately $75 million in Bitcoin by Microstrategy, market sentiment continues to be weak as traders await clearer positive signals.

In a notable move, Trump Media & Technology Group Corp announced a $3 billion capital raise to invest further in cryptocurrency, following strategies from major Bitcoin holders.

Additionally, Trump's Truth.Social platform is advancing efforts to list a spot Bitcoin exchange-traded fund (ETF) in U.S. markets, which could open new investment avenues for Bitcoin.

The New York Stock Exchange's Arca division has filed for regulatory approval for the ETF, which aims to directly track Bitcoin's price.

Spot Bitcoin ETFs have gained significant traction since their launch in early 2024, attracting nearly $44.4 billion in lifetime inflows.

Meanwhile, the U.S. dollar has weakened against major currencies, with a 0.8% decrease in the dollar index, influenced by trade negotiations and economic data.

Geopolitical issues, including stalled U.S.-Iran nuclear talks and ongoing tensions between Russia and Ukraine, have further dampened risk appetite among investors.

In the commodities market, gold prices rose 0.6% to $3,372 an ounce, nearing a four-week high as the dollar's weakness continued amid trade uncertainties.