U.S. Reshapes Global Trade Landscape, Impacting Crypto Markets
Main Idea
Roman Trading predicted a downturn in the cryptocurrency market, which materialized with Bitcoin dropping to $114,000, and analysts highlight bearish trends and weak trading volumes.
Key Points
1. Roman Trading had earlier predicted a downturn before Bitcoin's all-time high, which was largely ignored but eventually occurred with Bitcoin dropping to $114,000.
2. Analysts noted BTC's performance aligned with bearish weekly trends and a reversal pattern in DXY, with the next support level at $110,000.
3. Ethereum showed signs of decline at $3,640, and trading volumes remained notably weak.
4. The article mentions the importance of tracking market developments closely due to unfavorable data and unprecedented events.
5. The piece references other related news, such as Trump criticizing Powell and BlackRock attending Ripple Swell 2025.
Description
The U.S. initiated major changes affecting global trade and potentially disadvantaging cryptocurrencies. Continue Reading: U.S. Reshapes Global Trade Landscape, Impacting Crypto Markets The post U.S. Reshapes Global Trade Landscape, Impacting Crypto Markets appeared first on COINTURK NEWS .
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