Bitcoin dips below $80K as Trump Canada tariffs halt BTC price comeback

Q: How long will it take to read this news story?

The story "Bitcoin dips below $80K as Trump Canada tariffs halt BTC price comeback" has 443 words across 19 sentences, which will take approximately 2 - 4 minutes for the average person to read.

Q: Which news outlet covered this story?

The story "Bitcoin dips below $80K as Trump Canada tariffs halt BTC price comeback" was covered 1 days ago by Coin Telegraph, a news publisher based in United States.

Q: How trustworthy is 'Coin Telegraph' news outlet?

Coin Telegraph is a fully independent (privately-owned) news outlet established in 2013 that covers mostly crypto news. The outlet is headquartered in United States and publishes an average of 1075 news stories per day. It's most recent story was published 9 hours ago.

Q: What do people currently think of this news story?

The sentiment for this story is currently Negative, indicating that people regard this as "bad news".

Q: How do I report this news for inaccuracy?

You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.<ul><li>News ID: #26910972</li><li>URL: https://beamstart.com/news/bitcoin-dips-below-80k-as-17417526999235</li></ul>

Coin Telegraph 1d ago

Bitcoin dips below $80K as Trump Canada tariffs halt BTC price comeback - Coin Telegraph

Quick Summary:

Source: The Kobeissi Letter/XTrading firm QCP Capital added that Trump’s apparent “indifference to recession risks” made life harder for risk assets but acknowledged that some silver linings remained.“Despite the market turmoil, not all signals are bearish,” it summarized in its latest bulletin to Telegram channel subscribers. “This wave of risk-off sentiment has driven 10-year Treasury yields down by around 60 bps and weakened the US dollar — a historically positive factor for USD-denominated risk assets like US equities and crypto.”US dollar index (DXY) 1-day chart.

Related: Biggest red weekly candle ever: 5 things to know in Bitcoin this weekTrading channel More Crypto Online used Elliott Wave theory to delineate key support and resistance levels, warning that price could still head to new long-term lows.“The price is still undecided after the New York open.

Instead, it’s now down -7% since January 20th,” trading resource The Kobeissi Letter observed in part of a reaction on X. “A polar opposite start to his term so far.”S&P 500 comparison.