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The Bitcoin price continues to lead the market and with every crash it has removed the Altcoin market with it. In the midst of this, Ethereum has performed particularly poorly and returns to the prices that have not been seen since seven years ago. When Donald Trump’s rate situation Rockt the market, the demand for everyone’s lips is, where did the Bitcoin price go?
Markt experts enter Bitcoin -Price
Crypto Market sentiment has not been seen in the levels that are not seen in years with the Bitcoin crash on the $ 70,000 territory, and according to many the battle is far from over. One of the experts who said that the Bitcoin price could remain low in this time is Alex Guts, CEO of Banxe.
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According to Guts, the BTC price could act a tight reach of $ 72,000 $ 84,000 during this time. Looking at the long term, the CEO sees: “prospects continue to bullish as adoption and policy support grow.”
In the same way, while Trump’s policy and tariff wars have refueled the markets, the expectations that this can be good for the long -term markets remain. In an analysis shared with newsBTC, a Bitunix expert analyst pointed out that What the Trump administration does is “a regulatory Renaissance for crypto inflamed.”
He points out that all the president’s actions since he took office have shown this, especially with his empowerment of crypto leaders. So, despite the fact that the market is now falling, the movements of Trump can ultimately ignore further growth for the market.
The Bitunix analyst warns that investors should not allow the news of the tariff wars to show their judgment. He sketches that it is sometimes absolutely necessary to implement new things to repair what is being broken, comparing with ‘taking medicines’.
Regarding where the Bitcoin price could be done from here, the expert analyst told NewsBTC:
“Well, the recent fall in price of the large cryptocurrencies has worried Retail investors, but we believe that Bitcoin could possibly reach $ 117k after the dust has been tilted.”
The sad state of affairs of ETH/BTC
Although it is the second largest cryptocurrency in the world, the Ethereum price has been poorly performed, especially in comparison with Bitcoin. Looking at the ETH/BTC graph, there seems to be no support in sight as the crash continues.
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So far, Ethereum has fallen to 0.01889 BTC, a level that has not been registered since 2019. This suggests that Ethereum has completely withdrawn its profit from the past six years, with believers and supporters being deeply falling into deep losses.
For a change for Ethereum, it seems to have to be important news to push a recovery. Otherwise, the lack of support that holders of Ethereum have more turbulence for them to deal with.
Featured image of dall.e, graph of tradingview.com
