Bitcoin Caught in Transatlantic Trade Crossfire

Bitcoin (BTC) is in the spotlight as escalating trade tensions between the US and the EU threaten to destabilize its price. The EU plans retaliatory tariffs on US goods starting in April, a move that, combined with other macroeconomic uncertainties, could push BTC below its critical support level of $75,000. Analysts, including those from Nansen and Bitget Research, have raised concerns about increased volatility in the short term. However, some positive aspects such as robust institutional adoption, Bitcoin's high utility, and the stability provided by strong stablecoin and RWA levels could support a gradual recovery over the longer term. Market watchers are awaiting further signals, particularly the US response to this trade policy showdown, which may moderate or intensify the current pressures on Bitcoin's price.