Traders Expect Bitcoin’s Resilience Amid Tariff Speculations
2025-07-13 16:00:39
Main Idea
Bitcoin and altcoins show resilience despite tariff speculations, with markets appearing indifferent to negative news and focusing on future volatility and potential outcomes.
Key Points
1. Bitcoin's price climbed to $118,500, with a daily peak of $118,636, despite the EU tariff letter issued the previous day.
2. Markets seem indifferent to bad news, similar to how they have ignored positive news for months.
3. Analysts expect volatility to increase as futures markets reopen on Monday, with focus on whether BTC and ETH can maintain their recent breakouts.
4. Tariffs from the EU and Mexico, though higher, have been largely ignored by the market due to delayed reactions and past patterns.
5. Trump's consistent bluffing in trade negotiations with the EU, Canada, China, and Mexico has led markets to expect similar outcomes this time.
Description
Traders are optimistic despite tariff announcements, with Bitcoin showing resilience. Markets seem indifferent to recent negative news, maintaining a focus on altcoins. Continue Reading: Traders Expect Bitcoin’s Resilience Amid Tariff Speculations The post Traders Expect Bitcoin’s Resilience Amid Tariff Speculations appeared first on COINTURK NEWS .
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