Bitcoin experienced a notable decline, dropping below $97,000 after briefly reaching $102,000, marking its worst weekly performance. The market is facing uncertainty due to potential tariff plans proposed by Trump and an economic emergency declaration.
The strong performance of the dollar and solid employment data indicate that the Federal Reserve might maintain higher interest rates. These factors contribute to the delay in pro-crypto legislation, as Congress is prioritizing other pressing issues.
Despite these challenges, market experts remain optimistic about Bitcoin's long-term potential, viewing the current dip as a temporary setback.
Источник: blockonomi.com ↗