🟡 Crypto Market Overview — Morning of June 4, 2025
🇺🇸 New U.S. Tariffs on Steel and Aluminum — Market Reaction
The Trump administration has confirmed a 25% tariff on imported steel and aluminum. This move raises geopolitical tensions and may impact global financial flows, including crypto markets.
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📊 Key Coins:
🔸 Bitcoin (BTC): $105,650
• After a local correction, BTC is regaining ground.
• A breakout above $106K could lead to a move toward $108K.
• Key support: $103,500.
🔹 Ethereum (ETH): $2,623
• Holding above $2,600 — a positive sign.
• Upside potential toward $2,700 remains.
🟣 Solana (SOL): $156.38
• Moving within a consolidation range.
• A break above $160 could open the path to $170.
🟢 Cardano (ADA): $0.6926
• Trading in a positive channel.
• A breakout above $0.70 could push price toward $0.72.
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📌 Overall Sentiment:
• The market is showing cautious stability.
• Key risk factor: external geopolitical developments.
• Many investors are adopting a wait-and-see approach.
