Bitcoin prices climbed on Tuesday<\/strong>, extending a rebound from recent five-month lows as dip-buying emerged in the world\u2019s largest cryptocurrency. However, market sentiment remained fragile due to escalating trade tensions sparked by U.S. President Donald Trump\u2019s sweeping tariff measures.<\/p>\n\n\n\n By 01:19 ET (05:19 GMT)<\/strong>, Bitcoin rose 3.6% to $79,673.5<\/strong>, after briefly crossing the $80,000<\/strong> mark earlier in the day. The broader crypto market also saw modest gains, though it continued to grapple with steep losses from previous sessions.<\/p>\n\n\n\n The rebound in Bitcoin mirrored a broader recovery in global financial markets. Wall Street indexes<\/strong> recovered most of their Monday losses, while Asian equities<\/strong> also traded higher. U.S. stock index futures pointed to a positive open in early Tuesday trade.<\/p>\n\n\n\n Despite the rebound, Bitcoin remains down 4.2%<\/strong> over the past two days, after briefly hitting a five-month low on Monday<\/strong> amid a sharp drop in global risk appetite following Trump\u2019s tariff announcements.<\/p>\n\n\n\n Last week, President Trump imposed reciprocal tariffs<\/strong> on key trading partners, with broader and steeper duties than markets had expected. Over the weekend, he doubled down on his stance<\/strong>, threatening further tariffs on China unless Beijing removes its retaliatory measures. He also warned of upcoming tariffs on pharmaceutical and semiconductor imports<\/strong>, raising concerns about additional pressure on global supply chains and investor sentiment.<\/p>\n\n\n\n Despite the short-term recovery, technical indicators point to potential further weakness<\/strong> in Bitcoin. The cryptocurrency this week formed a \u201cdeath cross\u201d<\/strong> \u2014 a bearish chart pattern in which the 50-day moving average<\/strong> falls below the 200-day moving average<\/strong>.<\/p>\n\n\n\n According to data from Investing.com, this signal may suggest continued downward pressure<\/strong> in the near term, especially in the absence of any strong positive catalysts. Analysts also noted that some long-term Bitcoin holders<\/strong> have been moving coins to exchanges in recent weeks, potentially in preparation for large-scale selling.<\/p>\n\n\n\n Altcoins followed Bitcoin\u2019s recovery, although most remain deep in the red from recent sessions.<\/p>\n\n\n\n In the meme token<\/strong> space, Dogecoin<\/strong> added 6.8%<\/strong>, while the $TRUMP<\/strong> token edged slightly higher from near record lows.<\/p>\n\n\n\n While the market saw a momentary bounce, the looming implementation of Trump\u2019s tariffs on Wednesday<\/strong> and the lack of bullish momentum continue to cast a shadow over crypto markets. Traders remain cautious, watching for further signals from both the macroeconomic front and the charts before calling a broader recovery.<\/p>\n","protected":false},"excerpt":{"rendered":" Bitcoin prices climbed on Tuesday, extending a rebound from recent five-month lows as dip-buying emerged in the world\u2019s largest cryptocurrency. However, market sentiment remained fragile due to escalating trade tensions sparked by U.S. President Donald Trump\u2019s sweeping tariff measures. By 01:19 ET (05:19 GMT), Bitcoin rose 3.6% to $79,673.5, after briefly crossing the $80,000 mark …<\/p>\n","protected":false},"author":9,"featured_media":105265,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[40,6827,49,39,36],"tags":[],"class_list":["post-113438","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-cryptocurrencies","category-daily-economic-reports","category-economic-reports","category-global-stock-markets","category-market-updates"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/113438","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=113438"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/113438\/revisions"}],"predecessor-version":[{"id":113439,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/113438\/revisions\/113439"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/105265"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=113438"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=113438"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=113438"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
\n\n\n\nBitcoin Tracks Recovery in Broader Markets<\/h3>\n\n\n\n
\n\n\n\nBitcoin Signals \u201cDeath Cross\u201d \u2014 A Bearish Technical Indicator<\/h3>\n\n\n\n
\n\n\n\nAltcoins Rebound, Ether Bounces From 2-Year Low<\/h3>\n\n\n\n
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