Tariff news and resistance zone put pressure on crypto

The crypto market’s capitalization fell by 2.6%, now at 2.63 trillion USD, driven by heightened selling pressure from US tariff increase on Chinese goods.

Bitcoin struggles against significant moving averages, with current prices appealing to long-term buyers as they remain over 30% below historical highs.

Publicly traded firms raised their Bitcoin holdings by 16% to 688,000 BTC in Q1, while Canada’s first Solana ETFs could attract new crypto investors.

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