🔥 Poll: Can BTC Break Its ATH This Week?
ATH Recap: Bitcoin hit its ATH of $109,702.5 on Jan 20, 2025, followed by a consolidation phase.
Recent Trends: With easing geopolitical tensions, sustained institutional inflows, and improving market sentiment, BTC has shown strong upward momentum.
This Week’s Key Question: The market looks bullish, but the ATH remains a major resistance level.
🗳️ Share your take—let’s see where the market goes!
Trump predicts a new round of higher tariffs in two weeks! Bitcoin falls below 103,000, Ethereum loses 2,500.
During a recent visit to Middle Eastern countries, U.S. President Donald Trump said in a meeting with business executives in the United Arab Emirates that the United States will unilaterally impose new tariffs on many countries "in the next two to three weeks" and that the tariff rates will be higher. (Summary: U.S.-China tariffs cut "145% to 30%", analysts are optimistic about bitcoin rushing $140,000) (Background added: Bescent shouts that Sino-US tariff negotiations "make great progress", analysts: enhance confidence in the risks of cryptocurrencies and U.S. stocks) According to the Financial Times, US President Donald Trump said in a meeting with business executives in the United Arab Emirates during a recent visit to Middle Eastern countries that the United States will unilaterally impose new tariffs on many countries "in the next two to three weeks", and this tariff rate will be higher. He said Treasury Secretary Scott Bessent and Commerce Secretary Howard Lutnick would "send letters, basically notifying countries," to clarify what countries "need to pay to do business in the United States." Tariff negotiations progress slowly Recall that in early April this year, Trump announced an executive order to impose at least 10% general tariffs on all imports and higher "reciprocal tariffs" for many countries. However, perhaps due to the huge impact of tariffs on the global economy, Trump subsequently announced that he would delay the effective date of tariffs by 90 days and maintain only 10% of the benchmark tariff, providing space for negotiations between the United States and other countries. Today, however, progress in tariff negotiations appears to be very slow. According to public reports, the United States currently has only one limited trade deal with the United Kingdom; At the same time, although the United States and China have also cut tariffs on each other, the United States has reduced tariffs on Chinese goods from 145% to 30%, and China has reduced tariffs on American goods from 125% to 10%, but the deep differences between the two sides have not yet been resolved; In addition, negotiations between the United States and other major trading partners, such as Japan, South Korea, Vietnam, India and the European Union, have not yet shown tangible progress, indicating that the United States faces challenges in its goal of narrowing the trade deficit. Trump forces opponents to compromise? Experts warn of market volatility For Trump's public statement that he will implement new tariffs in the short term, some analysts believe that Trump's remarks may be a further pressure on the negotiators, trying to force countries to make more concessions at the negotiating table, because Trump has always used the "extreme negotiation" strategy, first opening high-pressure conditions to trigger a crisis, and then forcing the opponent to compromise. For example, New York Times reporter David E. Sanger has previously analyzed that Trump's threat of high tariffs is more of a bargaining chip than an inevitable policy. However, BBC international business correspondent Theo Leggett also warned that the mutual tariff reduction between the United States and China is the first sign of a thaw in relations between the two countries in months, but it does not represent long-term stability, and Trump may change his position at any time due to domestic political or economic pressures. Therefore, some experts warn that Trump's new tariff threat may cause market turmoil again, and investors should remain cautious. U.S. stocks are mixed, bitcoin loses $103,000 The stock market does not seem to be clearly pessimistic about this news. According to Google Finance data, among the four major indexes of U.S. stocks, only the Fei Half Index fell slightly, and the remaining three major stock indexes rose, as follows: Dow Jones Industrial Average: up 0.78%, or 331.99 points, at 42654.74 S&P 500: up 0.7%, or 41.45 points, at 5958.38 Nasdaq: up 0.52%, or 98.78 points, at 19211.10 Philadelphia Semiconductor Index: down 0.21%, or 10.26 points, reported at 4922.19 points However, on the cryptocurrency side, bitcoin lost $103,000, touching $102,954 before the deadline, down slightly by 0.56% in the past 24 hours; Ethereum, on the other hand, fell below $2,500 to $2,483, down 1.74% in the last 24 hours. Related reports Bitcoin soared by 104,000" US-UK tariff agreement + Trump's goodwill to China, the four major indexes of US stocks rose together China called the United States "evil bully", Wang Yi called on the BRICS countries: boycott Trump's tariffs together, kneeling down is equivalent to abandoning negotiations US-China tariff negotiations will be finalized? Trump: Xi Jinping took the initiative to call, 200 trade agreements have been reached (Trump predicts a new round of higher tariffs in two weeks!) Bitcoin fell below 103,000, Ethereum lost 2,500 magnesium" This article was first published in BlockTempo's "Dynamic Trend - The Most Influential Blockchain News Media".