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Bitcoin's Ascent Stalls at $105K as Traders Eye US Tariff Ruling

Bitcoin's Ascent Stalls at $105K

Dario Cesaro avatar
Written by Dario Cesaro
Updated over a month ago

Bitcoin (BTC) encountered significant selling pressure on Thursday, with a substantial "sell wall" forming above the $105,000 mark, hindering further price increases. This resistance coincides with anticipation surrounding a crucial US trade tariff ruling, which could have broader implications for the stock market and potentially influence cryptocurrency movements.

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