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300d 12h ago

Trump’s New Tariff Strategy: Implications for Trade and Bitcoin’s Market Response

BTC

BTC/USDT

$87,558.98
+1.10%
24h Volume

$21,554,028,319.65

24h H/L

$88,860.00 / $86,074.72

Change: $2,785.28 (3.24%)

Long/Short
72.8%
Long: 72.8%Short: 27.2%
Funding Rate

+0.0034%

Longs pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$87,552.56

1.02%

Volume (24h): -

Resistance Levels
Resistance 3$94,275.60
Resistance 2$91,031.51
Resistance 1$88,311.05
Price$87,552.56
Support 1$86,576.35
Support 2$84,681.20
Support 3$80,600.00
Pivot (PP):$87,640.73
Trend:Downtrend
RSI (14):39.4

In a significant move on April 3rd, the U.S. political landscape was shaken as President Trump announced a sweeping 10% tariff on all imported goods. This decision underscores a growing trend in protectionist policies, aiming to bolster domestic industries in the face of international competition. Furthermore, additional tariffs may be introduced for specific countries that have been categorized as struggling in trade performance. Analysts are closely monitoring the potential implications for the global economy, with many speculating about the effects on inflation and consumer prices. Investors within the cryptocurrency sector should remain vigilant, as turbulence in traditional markets often influences digital asset performance. The ripple effects of such fiscal strategies could redefine trade relations and impact cryptocurrency regulations as economies adapt to shifting financial landscapes.

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