The post BTC Price Could to Make Another Low Amid Trump’s Recent Moves? appeared on BitcoinEthereumNews.com.

Key Insights: Bitcoin (BTC) price enjoys relative calm, which could be disrupted at key intervals by the Trump tariff threat. Bessent announces that President Trump could impose April-like tariffs in August. Bitcoin Futures volumes surge to FOMO-inducing levels. Bitcoin market sentiment surged above 70 last week, signaling growing optimism and FOMO in the market. Especially after multiple pullbacks resulted in quick recovery, revealing key details about the state of demand. Bitcoin bulls echoed their resolve during the week as the price briefly pushed above $110,000. Moreover, excitement around the cryptocurrency was on the rise with the expectation that it could potentially push to new historic highs. While the latest market conditions favored the bulls, analysts and investors also noted the potential for another major pullback for BTC price. Bitcoin funding rates dipped during the weekend, confirming the rise of bearish expectations. Bitcoin funding rates | Source: Coinglass The funding rates also dipped into negative territory, signaling a surge in short positions. However, this only led to higher liquidations for traders executing short positions as the price maintained upside momentum. BTC’s current momentum underscores the period of relative calm and favorable conditions. However, those conditions may soon be disrupted. Trump Tariff Comeback in August Threatens BTC Price’s Bullish Dominance The same calm period could potentially extend to the rest of July, during which the cryptocurrency will have a chance to push higher. However, August could potentially pave the way for another major sell-off as tariff wars make a comeback. The U.S Treasury Secretary Scott Bessent recently announced that President Trump will reignite trade wars in August. According to the announcement, the tariffs will be imposed on countries that did not reach a trade deal with the U.S and could be a severe as those imposed in April. Bitcoin and altcoins responded…

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Filed under: News - @ July 8, 2025 2:27 am