Editor's PiCK
"Trump Hints at Additional Tariff Exemptions...Optimistic Outlook for Bitcoin (BTC) Continues"
JH Kim
Summary
- "It was stated that the possibility of additional tariff exemptions by President Trump has led to an optimistic outlook for Bitcoin."
- "This has triggered a positive response in the market, and investors may react emotionally to Bitcoin and altcoins."
- "It was added that if the Bitcoin price approaches $90,000, FOMO may occur, so caution is needed."
The on-chain analysis platform for virtual assets (cryptocurrency), Santiment, stated on the 14th (local time) via X (formerly Twitter) that "as U.S. President Donald Trump hints at additional tariff exemptions, an optimistic outlook for Bitcoin (BTC) continues."
It continued, "This is the highest level of positive response since the day before Trump announced his tariff policy," explaining that "when the market shows a clear direction, individual investors tend to react emotionally to Bitcoin and altcoins."
Furthermore, it added, "If the price approaches $90,000 this week, FOMO (Fear of Missing Out) may occur," and "caution is needed."
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
