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Just caught that Bitcoin slips again after Trump escalated those tariff plans. He went from the 10% he announced earlier to 15% globally now, and the Supreme Court basically told him he can't do it that way. But he's pushing through anyway on Truth Social saying he'll figure out the legal framework later. Classic move.
So BTC had that quick bounce when the court ruling came out, but then it just slips right back down. We're sitting around 73.87K now, down about 0.89% in the last 24 hours. Eth took it worse, dropping 2.42% to 2.32K. The market's clearly nervous about what this tariff situation means for the broader economy.
What's interesting though is the funding rates on perpetuals are still deep negative even after weeks of this. Means traders are still heavily shorting despite all the chaos. Usually when shorts get this crowded, we see some violent reversals, but BTC keeps struggling to break above that 76K level. It's been two months of this back-and-forth, so either we're building a base or we're about to slips lower. Hard to call right now with all the policy uncertainty hanging over everything.