🔥Key points for Bitcoin in August 👀
The price of #bitcoin suffered a setback again, driven by the recent executive order on tariffs in the United States, which still generates uncertainty in the market about its future.
Just as August began, the deadline or extension that #TRUMP had established for several countries regarding tariff policies was expiring. Just to give a few examples, we have Brazil's imports with a tariff that jumps from 10% to 50%, Canada from 25% to 35%, Syria will reach 41%, and Switzerland will reach 39%, among others.
The setback of Bitcoin was so aggressive that this time it managed to close the gap of $114,000 dollars of CME Group in the futures markets, a level that some investors expected would close that gap that remained since July. Furthermore, with this movement of #activo , Bitcoin's dominance increased to 61.2%, which is why we see most of #altcoins in red.
Do you think we will see Bitcoin surpass 120k again in August?
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