Trade Wars 2.0 - news and analysis

The second presidency of Donald Trump initiated escalation of tariffs that triggered significant financial movements. These actions may to increased costs for businesses and consumers, disrupted supply chains, and created market uncertainty. Retaliatory tariffs from affected nations can further strain global trade, impacting economic growth and prompting concerns about long-term financial stability.

Bitcoin's (BTC/USD) Wild Ride - Open Interest, ETF Flows Amid Trump's Crypto Remarks

Bitcoin's (BTC/USD) price experienced significant volatility, dropping to $78k before rising to $95,000 due to Trump's cryptocurrency reserve comments, then settling around $86k. Open interest for Bitcoin is at a six-month low, which historically has preceded price jumps. Spot Bitcoin ETF flows saw a $94.3 million investment on the last day of February, ending a period of significant withdrawals. Can it continue? Technical analysis indicates a potential downtrend for BTC/USD.

03-03-2025 20:26 GMT by Zain Vawda