#BTCBreaksATH
The price of Bitcoin continued to fluctuate at the beginning of the week on Monday, which is encouraging in itself considering the context, with Trump’s tariffs re-emerging, which had a significant downward impact on the stock markets. Furthermore, there seems to be a major bullish signal imminent on the chart, giving hope for the end of the price stagnation of Bitcoin that has lasted over the past few days, in favor of buyers.
It is worth noting that Monday saw renewed concerns about Trump’s tariffs, as the U.S. administration notified several countries of new tariffs that will be applied to their products starting from August 1, at generally higher rates than expected.
Tariffs will remain a key topic for the rest of the week, but other economic factors will need to be considered, including forecasts for the upcoming Federal Reserve meetings, which may be affected by the minutes of the recent Federal Open Market Committee meeting.