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Impact of Trump's Actions on the Cryptocurrency Market

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by Giorgi Kostiuk

12 hours ago

The cryptocurrency market stands at a crossroads, with Trump's aggressive actions causing economic uncertainty.

Current Market State

Bitcoin is priced at $81,200 while the weakness in the altcoin market continues. Trump remains active on social media, while Canada considers radical measures, including selling its US bonds.

Future of Cryptocurrency Markets

Trump’s aggressive stance is creating tension as the US enters a peculiar phase of sanctions. Canada threatens to cut off energy supplies and is contemplating selling US bonds.

10X Research Analysis

Markus Thielen from 10X Research warns against buying the dip. 'This structural decline indicates a weakening foundation. Bitcoin is steadily advancing toward $73,000,' he notes.

This structural decline indicates a weakening foundation. Bitcoin (BTC) is steadily advancing toward $73,000… If history serves as a guide, the next significant upward movement will require a new narrative.

The future of cryptocurrency markets remains uncertain. It may take a new narrative to reignite interest and push prices upwards.

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