Weekly price analysis: crypto prices reel from risk off sentiments
The crypto market trended lower last week as US tariffs rocked the market, causing investors to flee to safe-haven assets like Gold Crypto prices, which recovered slightly on Monday and Tuesday, continued trending downward as uncertainty looms Meanwhile, spot ETF inflows remained positive despite some days of outflows Bitcoin Bitcoin’s price trended lower over the last week following US President Donald Trump’s announcement of tariffs on Canada, Mexico, and China. Investors fled to safe-haven assets like gold while risky assets, like crypto, trended lower. However, the tariffs are a catalyst for faster price declines as price action shows that Bitcoin was already on a decline in its substructure after failing to swing higher than the $108,000 level three weeks ago. BTC/USD chart by TradingView BTC made two consecutive lower lows on the substructure over the last two weeks and traded into the daily demand zone early last week, logging a weekly l...