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Coin Telegraph

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Image Credit: Coin Telegraph

Bitcoin traders are overstating the impact of the US-led tariff war on BTC price

  • Bitcoin's price weakness is not solely due to the US-led tariff war.
  • Bitcoin was already showing limited upside before the tariffs were announced.
  • Institutional demand for Bitcoin remained strong despite the escalating trade war.
  • Bitcoin's struggle to break above $89,000 can be attributed to inflationary trends and a more risk-averse macroeconomic environment.

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