Bitcoin and Ethereum Tumble as Tariffs Hit – Time to Buy the Dip?
Bitcoin and Ethereum witnessed significant price drops following tariffs imposed by former President Trump. This economic shock resulted in more than $2.21 billion in liquidations across the crypto market. BTC is currently testing crucial support at $93.8K, while ETH is stabilizing above $2,150.
The sharp sell-off raises questions among investors about whether now is the right time to buy the dip. As market conditions evolve, analysts urge caution while monitoring potential recovery patterns.
Market experts suggest looking for signs of bullish reversal before making investment decisions. Ongoing volatility underscores the importance of a strategic approach in navigating the current landscape.
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