Despite the price decline: 85% of Bitcoin holders are making profits
The platform 'IntoTheBlock' revealed that more than 85% of Bitcoin holders are still in profit, despite the recent price drop to $74,700, before it rose again to $82,730, achieving a 10% increase over the past 48 hours.
The data confirms the resilience of Bitcoin as an investment asset, especially amid pressures resulting from U.S. tariff policies.
The price of Bitcoin fell after Washington imposed tariffs on 180 countries, with China threatening to escalate the confrontation, before recovering after Trump announced a 90-day suspension of tariffs, but exempted China and imposed additional tariffs on it, reaching 145%. For its part, China did not remain idle and responded with tariffs on American products, raising them to 125%.
In the same context, investor 'Kevin O'Leary' called for raising the tariffs imposed on China to 400%, considering it necessary to protect American economic interests.
However, other analysts pointed out that the escalation will inevitably lead to a financial economic crisis.