Bitcoin, Ethereum Weekly Outlook: Trump’s Tariff Tactics Fail to Shatter Crypto Market
The Relative Strength Index (RSI) is 43.55, signaling that Ethereum is still in a neutral to slightly bearish phase but could form a local bottom if demand picks up.
Regulatory Developments Add to Crypto Market Optimism
Bitcoin and Ethereum’s short-term technicals remain uncertain, but the regulatory landscape in the U.S. is potentially providing a longer-term bullish catalyst.
President Donald Trump signed an executive order to create a Presidential Working Group on Digital Asset Markets, signaling a heightened focus on crypto regulation at the federal level.
Simultaneously, the Senate Banking Committee has established its first-ever Subcommittee on Digital Assets, chaired by…