📉 US Inflation & Trade Tensions Shake Bitcoin! 🚨
💰 Inflation Worries & Tariff Threats
Trade tensions are rising, with QCP’s latest report highlighting persistent inflation concerns in the US.
A 10% duty on select Chinese goods is confirmed, but if no deal is reached, steel & aluminum tariffs will surge from 10% to 25% on March 12.
📉 Crypto Market Feels the Heat
Solana faces a 30M token unlock on March 1—potential for major sell pressure.
BTC & ETH under pressure as traders hedge with FTX-related SOL movements.
LIBRA, Argentina’s meme coin, soared $4B after presidential backing, only to crash 89%, leaving thousands with heavy losses.
🏦 MicroStrategy’s Bitcoin Play
MicroStrategy holds 478,740 BTC but hasn’t bought more for two weeks.
The company proposes a $2B private convertible note sale to expand holdings.
📊 Bitcoin Outlook: Is a Breakout Coming?
BTC has been stuck between $94K - $100K for two weeks 📉📈.
Support held at $93K, and BTC bounced back near $97K on Thursday.
Analysts see $95K as strong support, but no short-term catalysts to push higher.
📢 Will BTC break out or keep moving sideways? Drop your thoughts! ⬇️
#bitcoin #CryptoNews #US #trader #BTC