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Cryptopotato
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US Tariff Pause Sparks Crypto Rally, But Bullish Momentum Remains Weak
- The prices of cryptocurrencies rallied due to eased trade tensions with a tariff pause.
- Bitcoin's on-chain metrics suggest a sustained rally in the near term is unlikely.
- BTC rebounded after touching its 365-day moving average, but bearish market conditions persist.
- BTC recorded its largest drawdown this cycle and the Bull Score Index indicates weak investor sentiment.
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