Bitcoin Maintains its Strength Amid Economic and Geopolitical Pressures
Bitcoin (BTC) fell during the early U.S. trading session but remained mostly stable after weak macroeconomic data was released. Bitcoin was trading just below $95,000 by the end of the day, marking a 0.5% increase over the past 24 hours. The Dallas Fed Manufacturing Index plummeted to -35.8, the lowest level since May 2020, reflecting significant economic concerns caused by the Trump tariffs. Meanwhile, hostilities between India and Pakistan may have also heightened market tensions.
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