#TrumpTariffs đ Whatâs Moving Bitcoin?
âĸ U.S. inflation data: A rise in the Producer Price Index to 2.6% triggered a shortâterm dip (~1.8%) in BTC, although the long-term outlook remains bullish with expectations of Fed rate cuts īŋŧ īŋŧ.
âĸ Weakening U.S. dollar: The dollar has hit new 3-year lows, boosting Bitcoinâs appeal as an inflation hedgeâand some analysts suggest BTC could test new allâtime highs