Bitcoin Soars to $76K as Investors React to Trump’s Market Strategy
Bitcoin is down 30% from its January 2025 high of $109,356, following a “sell the news” reaction to bullish events like President Trump’s inauguration and his bitcoin reserve Executive Order.
Analysts suggest this correction could set the stage for future gains, depending on macroeconomic factors. Trump’s economic policies, including tariffs on Canada, Mexico, and China, have disrupted markets, contributing to growing uncertainty. While Bitcoin stabilizes near $77,000, traders are watching key support and resistance levels to assess whether a rally is on the horizon.
Clever Robot News Desk 11th March 2025
