Cryptocurrencies Trade Cautiously as Bitcoin Holds at $88,000
The cryptocurrency market is attempting to decouple from Wall Street, which remains affected by the tariffs Donald Trump seeks to impose on trade partners.
Cryptocurrencies are experiencing minimal volatility and little price movement at the start of Tuesday, March 25. Bitcoin is holding steady at $88,000, while Ethereum trades at $2,066.60—two key levels that analysts say must be maintained to avoid sharp pullbacks amid the uncertainty caused by Trump’s trade war.
BTC Could Drop Below $80,000
Bitcoin analysts are closely watching the weekly close to assess the price trajectory for the coming week, as both traditional and crypto markets remain directionless, caught between global trade war concerns and easing inflation fears.
Bitcoin could face further declines next week unless it secures a weekly close above the critical $85,000 psychological level. The relief rally following the FOMC meeting and lower CPI readings has analysts eyeing this level as pivotal for resuming bullish momentum.
A close above $85,000 could prevent a drop to $76,000 and signal strength, while $88,000 would provide an even clearer bullish confirmation. Macroeconomic factors such as stable interest rates and cooling inflation continue to support risk assets, but Sunday’s close will be decisive.
While Bitcoin may see short-term pullbacks, the relief rally after the Federal Open Market Committee (FOMC) meeting was a positive signal for market participants.
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