Bitcoin & Ethereum Move In Lockstep With US Stocks As Tariff Concerns Weigh On Markets

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Bitcoinist 15h ago

Bitcoin & Ethereum Move In Lockstep With US Stocks As Tariff Concerns Weigh On Markets - Bitcoinist

Quick Summary:

Bitcoin has struggled to regain bullish momentum, weighed down by global trade war fears and the uncertainty surrounding US President Donald Trump’s executive order to establish a Strategic Bitcoin Reserve last Thursday.

While the announcement was expected to boost confidence, macroeconomic conditions continue to dictate market trends, keeping BTC below key resistance levels.

This tight range has kept Bitcoin stuck in a period of uncertainty, with neither side gaining clear dominance.