The price of Bitcoin ($BTC) is currently trading at $79,710.01, with a change of 3.31% from the previous price. The market capitalization of Bitcoin is $1.65 trillion ¹.
Impact of Global Events on Bitcoin Price
- *Impact of Trade Policies*: The imposition of new tariffs by U.S. President Donald Trump has led to a decline in global markets, including Bitcoin, which fell below $80,000.
- *Investor Reaction*: It appears that investors are seeking safe havens, which may affect the performance of Bitcoin in the short term ².
Analyst Predictions
- *Bullish Forecasts*: Some analysts predict a rise in the price of Bitcoin to reach $150,000 or even $220,000 in the near future.
- *Bearish Forecasts*: While others see downside risks, with predictions of a price drop to $76,500.
Conclusion
It seems that the price of Bitcoin is influenced by global events, with varying expectations among analysts. It is important to closely monitor the market to determine future trends for Bitcoin ².