BREAKING
345d 21h ago

BTC Faces Strong Downward Pressure Amid U.S.-Ukraine Mining Agreement Dispute

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

On March 1st, a meeting between U.S. President Trump and Ukrainian President Zelensky at the White House sparked significant discussions regarding mining agreements. Despite the tension, official sources indicated that no agreements were finalized during the high-profile dialogue. This scenario has underscored the ongoing **geopolitical risks** affecting the investment landscape, especially as President Trump’s advocacy for tariff increases introduces additional volatility. Analysts from Bitunix have observed that **Bitcoin (BTC)** is experiencing considerable **downward pressure**, identifying a short-term support level near **$82,600**. Investors are advised to implement **cautious strategies** and prioritize effective **risk management** in light of these developments, as market sentiment remains fragile. The interplay between political negotiations and cryptocurrency valuations continues to be a focal point for investors, emphasizing the importance of monitoring news closely to navigate this complex environment.

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