ChainCatcher reports that Bitcoin continued to fluctuate on Thursday, initially dropping to around $65,900 before rebounding to approximately $67,000. Market focus shifted to Trump’s latest statements on trade and tariffs.
He previously posted on Truth Social that the U.S. trade deficit has been “reduced by 78%” due to tariffs on other countries and companies, and expressed optimism about achieving a trade surplus for the first time in decades this year.
Analysts believe that rising tariff expectations could impact inflation trajectories and reinforce market pricing for “higher and longer” interest rates. In this scenario, the dollar typically strengthens, risk assets come under pressure, and cryptocurrencies like Bitcoin are also susceptible to liquidity and interest rate expectation changes.
Market views suggest that if the tariff narrative further intensifies and drives the dollar higher along with tightening financial conditions, Bitcoin’s rebound momentum may be difficult to sustain; if related statements fade into political noise, the crypto market may refocus on capital flows, leverage conditions, and key technical levels.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Tianqiao Capital Founder: BTC Four-Year Cycle Still Valid, Expects Rally to Resume in 2026 Q4
Skybridge Capital founder Anthony Scaramucci stated that Bitcoin's current bear market can be explained by the four-year cycle theory, with long-term holders concentrating their selling around $100,000. He predicts that Bitcoin will rebound in the fourth quarter of 2026, marking the start of a new bull market cycle. While institutional investor inflows and ETF capital flows have suppressed the four-year cycle, they have not completely eliminated its pattern.
GateNews5m ago
NYSE Cancels Crypto ETF Options Position Limit of 25,000 Contracts, SEC Exempts 30-Day Waiting Period
NYSE Arca and NYSE American, subsidiaries of the New York Stock Exchange, have submitted rule changes to the SEC to eliminate position limits on spot Bitcoin and Ethereum ETF options, effective immediately. This change affects 11 cryptocurrency ETFs and allows large, liquid ETFs to have higher position limits. Meanwhile, Nasdaq ISE has proposed increasing the position limit for IBIT exclusive options to 1 million contracts, pending review.
GateNews1h ago
BTC drops below $68,000, with a 24-hour decline of 3.47%
Gate News report: On March 23, BTC/USDT is now trading at 67971.9 USD, breaking below the 68000 USD level, with a 24-hour decline of 3.47%.
GateNews1h ago
Ethereum At the Crossroads – Breaking 0.03250 BTC Is the Key to Reigniting the Altcoin Bull Market
The current state of the crypto marketplace is marked by a profound sense of uncertainty. This state has often been referred to as “no man’s land,” and Bitcoin has consistently been the coin that elevates all others. However, at this moment, the dynamic between Bitcoin and Ethereum, is
BlockChainReporter1h ago