🚨 Tariff Trouble Hits Bitcoin! 🇺🇸📉
Tensions between the U.S., China, and other nations caused Bitcoin (BTC) to dip to around $74,000 in April. 😬
But things took a turn in May! 📈 Thanks to calmer moves from President Trump, BTC made a strong comeback — smashing through a new all-time high of $111,000 by the end of the month! 🚀💥
Still, the uncertainty around tariffs remains a serious concern. ⚠️
According to Swyftx’s Chief Analyst Pav Hundal, Trump’s unpredictable stance on trade could pose major risks for Bitcoin. 😟
🗣️ “If the U.S. trade situation improves, Bitcoin could soar to $120,000 in June,” says Hundal.
“The biggest threat right now is that nothing changes — and we stay stuck in this endless cycle of tariff uncertainty. If that happens, BTC could fall below $100,000.” 📉
📊 FED Holds Back on Rate Cuts 💵
Hundal also pointed out that the Federal Reserve is delaying interest rate cuts due to all the tariff chaos. 🕰️
The Fed wants clear signs of the economic impact before making a move, which could mean slower growth ahead. 🐢📉
🧩 “Trump’s tariff strategy is now threatening the Fed’s 2% inflation goal,” he warned.
“What seemed possible 6 months ago now looks uncertain.”
🇺🇸 The U.S. is at a critical economic crossroads, and the Fed is trying to navigate it carefully. ⚖️ #BTC #bitcoin #Binance #crypto #Altcoin