BITCOIN FACES RISK DUE TO U.S TARIFF UNCERTAINTY!

Bitcoin's recent price fluctuations are partly due to uncertainty surrounding US tariffs imposed by President Donald Trump's administration. According to Pav Hundal, Lead Market Analyst at Swyftx, the biggest risk facing Bitcoin investors is the potential for a prolonged cycle of tariff ultimatums, which could keep the market uncertain.

Key Factors Influencing Bitcoin's Price:

Tariff Uncertainty: The ongoing trade tensions and tariff disputes between the US and other countries, particularly China and the EU, are causing market volatility.

Monetary Policy: The Federal Reserve's decision on interest rates, influenced by inflation and economic growth, can impact Bitcoin's price.

Institutional Investment: Continued institutional buying could drive Bitcoin's price up, while a slowdown in investment could lead to a decline.

Potential Price Movement:

-Short-term Risk: Bitcoin could drop below $100,000 if the tariff uncertainty persists, potentially leading to a 10% drop.

Long-term Outlook: Some analysts predict that resolving these economic standoffs could lead to market optimism, supporting a future Bitcoin rally .

Current Market Situation:

-Bitcoin's Current Price: $104,602.87, with a 0.72% decrease.

Market Volatility: The crypto market is experiencing increased volatility due to the tariff uncertainty and other macroeconomic factors .#TradingPairs101