K33: Potential Tariff Measures Could Pose as a Resistance to Bitcoin Price Rally in July

Blockbeats
02 Jul

BlockBeats News, July 2nd, according to The Block, K33 Research Director Vetle Lunde stated that despite July being filled with potential "Trump trades" volatility, including a budget bill, tariff decisions following the trade truce, and the deadline for crypto policy related to executive orders, cryptocurrency trading activity in July may once again be lackluster, continuing another quiet summer. It is reported that the 90-day tariff truce will end on July 9th, which may prompt Trump to take new trade actions against specific countries. As seen earlier this year, tariff uncertainty often dampens market momentum or may pose resistance to Bitcoin's trend in the coming weeks.

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