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EU-U.S. tariff dispute sparks Bitcoin volatility concerns

March 12, 2025, 11:42 AM
The European Union's decision to impose $28 billion in retaliatory tariffs on U.S. goods has heightened macroeconomic uncertainty, with analysts warning of potential Bitcoin price volatility, according to Cointelegraph. Some predict a dip below the key $75,000 support level before a possible rebound. Marcin Kazmierczak, co-founder of RedStone, cautioned that counter-tariffs could trigger further trade tensions, impacting market sentiment. Meanwhile, Nansen analyst Aurelie Barthere noted that ongoing tariff negotiations might suppress risk appetite until early April. While tariffs contribute to short-term uncertainty, Bitget’s Ryan Lee emphasized that broader economic conditions, institutional adoption, and regulatory shifts also play a crucial role in Bitcoin’s long-term trajectory.

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