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Cryptocurrency News Articles

Bitcoin (BTC) Price Stabilizes After Three Days of Drops, Mirroring US Stocks Performance

Feb 27, 2025 at 09:37 pm

Bitcoin and US stocks have become highly sensitive to Donald Trump's news about inflation. He has hinted that the US will go on with its steel and aluminum tariffs

After falling for three straight days, Bitcon price stabilized on Thursday, mirroring the performance of US stocks. S&P 500 and Nasdaq 100 futures rose slightly, following the robust NVIDIA earnings that pointed to more AI chip demand. The BTC crash pause is also signaled by the Ichimoku cloud indicator, which points to a reversal to $90k.

Bitcoin and US stocks have become highly sensitive to Donald Trump’s news about inflation. He has hinted that the US will go on with its steel and aluminum tariffs, and those of neigboring countries like Canada and Mexico.

Bitcoin Price Crash P

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Other articles published on Feb 28, 2025