The price of Bitcoin (
BTC) today saw a noteworthy downtick of 2.24% today making it down 7% since last week losing the $80k grip. This move came days after Donald Trump the recently elected president, on Wednesday, announced a minimum tariff rate of 10% and higher rates for 57 economies like China (34%), the European Union (20%), and Japan (24%). Fitch Ratings estimated that the effective tariff rate could hit 25% on average — the highest in more than 115 years.
The asset has tanked to the $76,000- $74,000 support point, placingBTC on the brink of a selling spree should BTC break below the $70k support, possible retracement should be around the $60- $50k support points.
Similarly, withBTC trading below key Moving Averages (MA), and the RSI at 35, BTC is gearing up for a reversal albeit the market is still volatile. If Bitcoin (BTC) should break the 1-month high resistant a possible uptick to $120k is feasible.
Bitcoin Price Live Data
The live Bitcoin price today is $77,615.23 USD with a 24-hour trading volume of $78,391,741,615 USD. Bitcoin is down 5.64% in the last 24 hours. The current CoinMarketCap ranking is #1, with a live market cap of $1,540,502,278,162 USD. It has a circulating supply of 19,847,937 BTC coins and a max. supply of 21,000,000 BTC coins.
BTC) today saw a noteworthy downtick of 2.24% today making it down 7% since last week losing the $80k grip. This move came days after Donald Trump the recently elected president, on Wednesday, announced a minimum tariff rate of 10% and higher rates for 57 economies like China (34%), the European Union (20%), and Japan (24%). Fitch Ratings estimated that the effective tariff rate could hit 25% on average — the highest in more than 115 years. The asset has tanked to the $76,000- $74,000 support point, placing
BTC on the brink of a selling spree should BTC break below the $70k support, possible retracement should be around the $60- $50k support points. Similarly, with
BTC trading below key Moving Averages (MA), and the RSI at 35, BTC is gearing up for a reversal albeit the market is still volatile. If Bitcoin (BTC) should break the 1-month high resistant a possible uptick to $120k is feasible. Bitcoin Price Live Data
The live Bitcoin price today is $77,615.23 USD with a 24-hour trading volume of $78,391,741,615 USD. Bitcoin is down 5.64% in the last 24 hours. The current CoinMarketCap ranking is #1, with a live market cap of $1,540,502,278,162 USD. It has a circulating supply of 19,847,937 BTC coins and a max. supply of 21,000,000 BTC coins.
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