Bitcoin’s Market Dominance Skyrockets Amid Global Economic Uncertainty: Your Weekly Crypto Recap
Although the previous week was much more eventful and volatile due to the escalating global trade tensions between the US, China, and other nations, this one also had some notable events that we need to discuss.
Recall that bitcoin’s price ended last week on a positive note, after dumping below $75,000 to mark a five-month low. The tariff pause for almost all countries (aside from China) led to a significant bump on Thursday and Friday, and BTC entered the weekend at around $82,000.
Unlike the previous one, last weekend was even mildly bullish as bitcoin jumped to $85,000 on Sunday evening. It continued its ascent on Monday by tapping $86,000, where it faced immediate rejection. Although it dropped by $3,000 within a…
