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Bitcoin surged to a high of $109,356 following pro-crypto policies from President Trump, including the appointment of a crypto czar and significant interest rate cuts by the Federal Reserve. However, emerging challenges such as Trump's tariffs, a major hacking scandal at Bybit, and declining risk sentiment threaten to undermine this momentum. Technical analysis suggests a potential pullback towards the $81,000 support level, with critical support between $75,000 and $65,000.
Paul Aitkins
People
The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
bitcoin faces challenges after trump's policies and recent market turmoil
06:20 26.02.2025
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