BREAKING
165d 20h ago

BTC Faces Critical Test at 110,000 Amid US Plans for 50% Copper Tariff, Says Bitunix Analyst

Loading market data...
Bitcoin
Bitcoin

-

-

Volume (24h): -

BTC Faces Critical Test at 110,000 Amid US Plans for 50% Copper Tariff, Says Bitunix Analyst

Bitunix analysts report that the United States is set to implement a 50% tariff on copper, a move that could significantly impact global commodity markets. This development introduces volatility in supply chains, which is indirectly influencing the cryptocurrency sector, particularly Bitcoin (BTC). Currently, BTC is navigating a short-term supply and demand dynamic, reflecting broader market uncertainties. Investors should closely monitor BTC’s price action around the critical 110,000 resistance level, as a decisive breakout could signal a shift in market momentum. This tariff announcement underscores the interconnectedness of traditional commodities and digital assets, emphasizing the need for strategic portfolio adjustments in response to evolving macroeconomic policies.

Share News:
Don't Miss Breaking News
HomeFlashMarketProfile