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$BTC Bitcoin price edges below $102,000 on Thursday after repeated rejections at the $105,000 resistance over the past five days. Neither US President Donald Trump nor Russian President Vladimir Putin are expected to attend the Ukraine-Russia peace talks in Turkey. Traders should be cautious as the BTC long-to-short ratio reaches its lowest level in a month, increasing bearish bets.
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#CryptoRegulation What is regulation for cryptocurrency? Regulations for crypto are the legal and procedural frameworks that governments enact to shape many different aspects of digital assets. Cryptocurrency regulations across jurisdictions can range from detailed rules designed to support blockchain users to outright bans on the trading or use of cryptocurrencies.
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$BTC Bitcoin’s realized cap has grown by $30 billion since April 20, reflecting steady investor confidence and new capital inflows. A Bitcoin price consolidation pattern forecasts a potential 10% breakout by next week.
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#TrumpTariffs Earlier this month, President Trump closed a longstanding loophole that had allowed a flood of inexpensive Chinese goods to be mailed to the United States without any tariffs. Starting on May 2, those packages faced a tariff of 120 percent or a $100 flat fee. After the United States and China agreed this week to a temporary truce in trade tensions, that tariff is now 54 percent. The changes, which took effect on Wednesday, were described in a White House executive order and guidance from Customs and Border Protection.
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$BTC Possible de-risking ahead of the May 13 CPI print could be playing a role in today’s BTC price correction. Bitcoin market structure and qualitative fundamentals remain bullish, suggesting today’s correction could be short-lived
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Latest News
Bitcoin(BTC) Surpasses 108,000 USDT with a 2.18% Increase in 24 Hours
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Cryptocurrency Market Experiences $214 Million Liquidation in 24 Hours
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Trump Anticipates Swift Agreement with Canada
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Davis Commodities Allocates $12 Million to Bitcoin Reserves
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U.S. Bitcoin Mining Companies Reach Record Hashrate
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