Bitcoin Price Faces 'Death Cross,' But Bulls Are Still Hopeful
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Bitcoin surged before quickly falling back after U.S. President Donald Trump announces new tariffs, escalating trade tensions globally. Bitcoin's price plunged to $81.9K, marking a 7.55% decline from its daily peak of $88.5K, after Trump imposed a series of tariffs on numerous trade partners, triggering global market turbulence and fears of a domestic recession. The tariffs, intended to protect domestic industries, have triggered a mixed market reaction—stocks retreat, cryptocurrencies face pressure, and gold hits a new all-time high of $3,152. Bitcoin at Critical Technical Level However, after two months of decline, Bitcoin faces a major risk, approaching a "Death
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18h ago•
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