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Bitcoin price drops 2% as falling inflation boosts US trade war fears

cryptoweekly by cryptoweekly
March 13, 2025
in bitcoin, News
0

Bitcoin price action decides that good news on inflation is in fact bad news thanks to persisting US trade war fears dampening risk-asset trader appetites.

Bitcoin (BTC) shrugged off gains at the March 13 Wall Street open as US inflation markers continued to fall.

BTC/USD 1-hour chart. Source: Cointelegraph/TradingView

Data from Cointelegraph Markets Pro and TradingView showed BTC/USD circling $81,500, down 2.3% on the day.

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  • Crypto regulators call for investor protection in the crypto ecosystem
  • Bitcoin Christmas rally to $200K or $300K possible based on ‘power law’ model
  • Bitzlato co-founder requests US pardon after guilty plea — Report
  • France opens criminal investigation into X for alleged algorithmic manipulation
  • US Democrats push back on digital asset bills with ‘anti-crypto corruption week’
  • Tether to discontinue USDT on five blockchains to 'refocus resources'
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