Bitcoin (BTC) climbed 2.1% to $97,311 on Monday after suffering a sharp drop over the weekend, as investors navigated trade tariff concerns and awaited key U.S. inflation data.
Key Market Drivers
? Bitcoin’s Weekend Pullback? BTC fell over 4% last week due to U.S.-China trade tensions, leading to liquidity concerns.? Investors turned risk-averse, avoiding speculative assets like crypto.? Sticky inflation concerns and high-for-longer interest rates pressured BTC.
? Bitcoin’s Recovery? Despite the tariff-driven market sell-off, BTC bounced back 2.1% on Monday.? Traders are eyeing potential regulatory easing under Trump, which may support crypto.? However, BTC still struggles as a market volatility hedge, unlike gold, which hit record highs.
? Impact of Trade Tariffs? Trump imposed 25% tariffs on steel & aluminum after enforcing 10% tariffs on China.? China retaliated with tariffs on coal, LNG, crude oil, and agricultural machinery.? The U.S. dollar strengthened, increasing pressure on BTC and other risk assets.
? Upcoming CPI Data? Investors await U.S. Consumer Price Index (CPI) data on Wednesday.? Higher inflation could keep interest rates elevated, which may limit Bitcoin’s upside.
Market Outlook & Investor Insights
? For Crypto Traders? Watch CPI data—higher inflation could increase selling pressure on BTC.? Bitcoin’s role as a safe haven is still unproven, while gold continues to rally.? Regulatory changes under Trump could be a key factor for BTC’s long-term direction.
? For Macro Investors? Stronger dollar & high rates could dampen BTC demand.? Trade war uncertainty may impact institutional flows into crypto.? Keep an eye on equities & commodity markets for broader risk sentiment shifts.
Track Crypto & Market Data With:
? Crypto Currency Free API – Get real-time Bitcoin price, market trends, and volume data.? Economics Calendar API – Stay updated on U.S. inflation & macroeconomic trends affecting crypto markets.
Final Thoughts
Bitcoin’s short-term recovery shows resilience, but macro risks remain high. With trade tariffs heating up and U.S. inflation data approaching, BTC investors must stay cautious. Will BTC break past $100K or face another pullback? All eyes are on Wednesday’s CPI report!