Bitcoin Climbs Above Key Support Amidst Dynamic Market Moves
Main Idea
Bitcoin and Ethereum show resilience amidst market volatility, maintaining key support levels, while broader economic factors like interest rates and tariffs influence market dynamics.
Key Points
1. Bitcoin experienced volatility but rebounded to stay above the $115,500 support level.
2. Ethereum maintained its position above $3,700 despite market fluctuations.
3. Chair Powell and his team oppose interest rate cuts due to inflationary pressures from tariffs.
4. The probability of an EU agreement on tariffs stands at fifty percent.
5. Customs duty letters are expected by Friday, and tax refund checks for low-income Americans are under consideration.
Description
Bitcoin's price fluctuated significantly, holding above key support at $115,500. Trump showed optimism about impending trade agreements and possible interest rate cuts. Continue Reading: Bitcoin Climbs Above Key Support Amidst Dynamic Market Moves The post Bitcoin Climbs Above Key Support Amidst Dynamic Market Moves appeared first on COINTURK NEWS .
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