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#Trump Pauses Tariff Policies 🌟🧐Bitcoin Holds $82K as US Dollar Falls 📉
Bitcoin (BTC) is showing strength, holding above $82,000, as the US dollar falls to a 3-year low and PPI inflation drops sharply. The recent US inflation data has given bulls hope, with Bitcoin prices seeking higher levels.
*Key Developments 📊*
- *US PPI Data:* The Producer Price Index (PPI) came in below expectations at 2.7% versus the anticipated 3.3%.
- *US Dollar Index (DXY):* The DXY fell below the psychological 100 mark for the first time since 2022, potentially setting the stage for a Bitcoin bull run.
- *Bitcoin Price:* BTC/USD reached highs of $83,245 as US inflation data came in.
*Market Analysis 🔍*
- *Bullish Signals:* Developing bull market signals could continue to boost Bitcoin prices despite the tense atmosphere of the US trade war.
- *DXY and Bitcoin:* Historically, DXY going down has been very bullish for Bitcoin, with some analysts predicting a parabolic bull run.
*What's Next? 🔮*
The ongoing US trade war and inflation developments will likely continue to impact Bitcoin prices. As the market reacts to the latest data, investors will be watching for further signs of a bull run [12].#BTC & ETH Weekend Analysis #Choppy Market – Long or Short?