BREAKING
342d 17h ago

Bitcoin Prices Impacted by Economic Uncertainty Amid Trump’s Tariffs, Warns CryptoQuant’s Julio Moreno

BTC

BTC/USDT

$71,354.77
+3.55%
24h Volume

$17,366,629,629.18

24h H/L

$71,554.95 / $68,531.50

Change: $3,023.45 (4.41%)

Long/Short
65.5%
Long: 65.5%Short: 34.5%
Funding Rate

-0.0023%

Shorts pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$71,351.87

2.98%

Volume (24h): -

Resistance Levels
Resistance 3$79,008.03
Resistance 2$75,548.63
Resistance 1$72,179.52
Price$71,351.87
Support 1$70,589.27
Support 2$67,300.00
Support 3$62,909.86
Pivot (PP):$70,598.27
Trend:Downtrend
RSI (14):35.3

In a recent post on March 4th, **CryptoQuant’s** Research Director **Julio Moreno** emphasized the implications of Trump’s **tariffs** on the **global economy**. He pointed out that prolonged uncertainties brought by these tariffs could heighten the risk of an **economic recession**. This environment stands in contrast to improvements in the **regulatory landscape** surrounding cryptocurrencies and developments in **US cryptocurrency reserves**. Nevertheless, Moreno noted that such geopolitical factors continue to exert pressure on the **price of Bitcoin** and the broader **cryptocurrency market**. As investors navigate this landscape, understanding the interplay between regulatory advancements and external economic pressures will be crucial for making informed decisions in the crypto space.

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