Bitcoin News
By Evie Vavasseur
1 / 11
Bitcoin’s price trajectory remains under pressure as a mix of economic data and geopolitical tensions weigh heavily on investor sentiment. Despite recent U.S.
2 / 11
On Friday, Bitcoin dipped below the $80,000 threshold, marking a 1.6% loss over the past 24 hours. This decline followed the release of the March U.S.
3 / 11
The CPI, published monthly by the U.S. Bureau of Labor Statistics, plays a critical role in shaping the Federal Reserve’s interest rate decisions.
4 / 11
This market turbulence spilled into the crypto space as well. The total cryptocurrency market capitalization shrank by 2.
5 / 11
A key driver of this anxiety is President Trump’s evolving trade strategy. On April 9, Trump has pause 90-day on planned tariff hikes and introduced a new 10% reciprocal tariff…
6 / 11
Initially, markets welcomed the pause in escalating trade tensions, and Bitcoin responded positively, briefly rallying over 7% to $82,000. However, optimism was short-lived.
7 / 11
According to analysis from The Kobeissi Letter, the current environment—featuring robust job growth alongside cooling inflation—might embolden Trump to double down on tariffs…
8 / 11
Meanwhile, the Federal Reserve seems unlikely to step in with rate cuts in the near future. Data from CME Group’s FedWatch Tool indicates an 81.
9 / 11
Adding to the bearish signals, capital inflows into Bitcoin have seen a dramatic slowdown. On-chain analytics firm Glassnode reported a 90% plunge in Bitcoin inflows—from a peak…
10 / 11
From a technical standpoint, Bitcoin’s current price action is also cause for concern. If BTC fails to hold above the $80,000 support level, analysts warn it could drop further…
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As market forces continue to clash, Bitcoin’s path remains uncertain, driven not only by economic indicators but also by unpredictable global trade developments.
The Currency Analytics
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