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BTC is tinged to 80k dollars, XRP loses key support as Trump Tariffs Regaine Centrality, dollar index

Bitcoin (BTC) slipped below the 200-day simple average average (SMA) on Friday, taking weekly loss at 16%. Prices are briefly dipped under 80,000 stamps of dollars for the first time from 10. November as renewed concerns of American tariffs enhanced demand for the American dollar.

Alternative cryptocurrencies published greater losses, with payment focused XRP Key Loss 23.6% Fibonacci’s Level Retragu to propose deeper losses forward. Solana Sol slipped to $ 125.6, the lowest since September, while the dog fell under 20 cents, returning almost 78.6% of the rally in October-December.

President Said Donald Trump Thursday to plan to impose tariffs on Canada and Mexico, starting from 4. March, in addition to doubling 10% of the Universal Tariffs of the Accused of Import from China.

“We expect that American tariffs will regain the centrality and drive the dollar sustainably higher,” he said in notes on Thursday. The dollar index, which follows the value of Greenback against the main currencies, increased to 107.30, extending the bouncing from the orders on Wednesday near 106.15.



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2025-02-28 07:04:00

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