Bitcoin falls below 84,000 US dollars while the markets react to tariffs
Bitcoin falls below 84,000 US dollars while the markets react to tariffs
- The Bitcoin Prize fell on lows of 82,131 US dollars, which had dropped to level in November 2024.
- The BTC sale takes place according to the latest announcement by Trump's latest tariffs, including a 25% target in the EU.
- The shares were also unloaded, with the S&P 500 500 billion US dollars being wiped out.
The price for Bitcoin fell by more than 6%in 24 hours to break under $ 84,000 on Wednesday.
In particular, Bitcoin Price has touched its lowest levels since November 2024 when he rose as part of the dynamics. According to Crypto and Stocks Trader Incomesharks, the market .
have announced that the 25% tariffs for Canada and Mexico and 10% China will come into force in April, said Trump, he would hit 25% tariffs on the European Union. The S&P 500 with over 500 billion US dollars in the market capitalization was in the news.
Bitcoin dips in the middle of ETFS drains
As shares reacted to the potential trade war, Bitcoin crashed under 84,000 US dollars. According to the data from CoinmarketCAP, the price for BTC deep stalls of $ 82,131
The BTC Prize was also unloaded in the middle of a massive sales pressure from ETFs. The most important issuers are loyal, ark and grayscale. Blackrock, which sent BTC and ETH with millions of dollars on Tuesday, also invited $ 150 million of the flagship coin.
loyalty sold
ark sold
grayscale soldBut Blackrock… also sold $ 150 million $ btc pic.twitter.com/zfn4w2iihk
- arkham (@arkham) 26. February 2025
While Bullen had recovered to over 84,000 USD at the time of writing, the feeling remains weak and a renewed test of $ 80,000 is possible. The crypto analyst Rekt Capital informed the following diagram.
Bitcoin comes closer to the CME gap formed in November 2024 and closer to filling the CME gap
The cme gap is between 78,000 and ~ 80,700 US dollars #Crypto #bitcoin https://t.co/ucdt6fvdn6 pic.twitter.com/l2mmnpimn0
- REKT Capital (@rectcapital) 26. February 2025
According to analysts, the markets are a possible “inflation background” among investors, which take into account in the likelihood of goods prices.
"The sharp deviation between gold and Bitcoin has been in the beginning of the trade war. While gold has increased by +10%, Bitcoin has dropped by -10%, although Bitcoin is historically regarded as" hedge "against uncertainty, says the Kobeissi letter.
Source: Coinlist.me
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