Powell, tariffs, and BTC: The perfect storm for Bitcoin’s next big move?

Bitcoin is at a pivotal level, with liquidity concentrated around $123,000 and the $112,000-$115,000 range. Recent shifts from the Federal Reserve and tariff rollbacks are affecting market momentum for Bitcoin.

Inflationary pressures have increased, with June’s CPI showing a 2.7% year-on-year rise. This shift creates uncertainty for the Fed’s plans and may influence Bitcoin’s price trajectory.

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *

More posts