#BitcoinWithTariffs #BitcoinWithTariffs Can the pause in Trump's tariffs and the drop in inflation keep Bitcoin afloat? Experts weigh in XStreet
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Can the pause in Trump's tariffs and the drop in inflation keep Bitcoin afloat? Experts weigh in: $BTC
Mike Marshall from Amberdata believes that lower CPI data and a pause in tariffs are ineffective in reversing the long-term bearish trend of cryptocurrencies.
Mike Cahill from Douro and Joe Burnett from Unchained say that the bond market collapse and low CPI could boost long-term sentiment about Bitcoin.
Bitcoin fell 3% on Thursday despite lower-than-expected CPI data and the 90-day pause in President Trump's tariffs.
Bitcoin (BTC) plunged below 80.000$ on Thursday despite the fact that the U.S. Consumer Price Index (CPI) data was lower than expected and the 90-day pause in reciprocal tariffs imposed by President Donald Trump on 75 countries. Several experts debated the potential impact of the pause in tariffs and declining inflation on the cryptocurrency market.