-
BTC/USD: On the Brisk of Further Downside if it Crashes Below $73,800
Bitcoin price continued its strong sell-off this week as concerns about the trade war between the United States and other countries gained steam. The BTC/USD pair dropped to a low of 74,430 on Monday, its lowest point since November 10 last year, down by 32% from the highest point this year. Trade war concerns remain The BTC/USD pair continued its downward trend as investors remained concerned about the US trade war. On Monday, Trump threatened to apply a 50% tariff on all goods imported from China if Beijing maintain its 34% tariff on US goods. The ongoing trade war means that the US and the global economy may ... (full story)
