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Bitcoin Price Braces for $75K Drop as Trump Trade War Fuels BTC Miner Selloff

CoinGape LogoCoinGape17h ago

Bitcoin Price Braces for $75K Drop as Trump Trade War Fuels BTC Miner Selloff - CoinGape

Quick Summary:

Bitcoin miners facing pressure from the declining prices are dumping their holdings, as CryptoQuant data shows they have ramped up selling activity this week.

Bitcoin price is bracing for a drop to $75,000 as the tariffs imposed by US President Donald Trump weigh on financial markets.

As miners and retail traders sell Bitcoin, how low can BTC price go?

More Pictures

Bitcoin Price Braces for $75K Drop as Trump Trade War Fuels BTC Miner Selloff - CoinGape (Picture 1)Bitcoin Price Braces for $75K Drop as Trump Trade War Fuels BTC Miner Selloff - CoinGape (Picture 2)Bitcoin Price Braces for $75K Drop as Trump Trade War Fuels BTC Miner Selloff - CoinGape (Picture 3)Bitcoin Price Braces for $75K Drop as Trump Trade War Fuels BTC Miner Selloff - CoinGape (Picture 4)

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Article Details

Author / Journalist: muthoni

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-28 @ 10:42:52 (17 hours ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 544 words

Reading Time: 4 minutes read

Sentences: 39 lines

Sentence Length: 14 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGape

News ID: 26509529

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About CoinGape

CoinGape Logo

Main Topics: Crypto

Official Website: coingape.com

Update Frequency: 36 posts per day

Year Established: 2017

Headquarters: India

News Last Updated: 8 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #59

Publisher Details

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The story "Bitcoin Price Braces for $75K Drop as Trump Trade War Fuels BTC Miner Selloff" has 544 words across 39 sentences, which will take approximately 3 - 5 minutes for the average person to read.

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The story "Bitcoin Price Braces for $75K Drop as Trump Trade War Fuels BTC Miner Selloff" was covered 17 hours ago by CoinGape, a news publisher based in India.

How trustworthy is 'CoinGape' news outlet?

CoinGape is a fully independent (privately-owned) news outlet established in 2017 that covers mostly crypto news.

The outlet is headquartered in India and publishes an average of 36 news stories per day.

It's most recent story was published 8 hours ago.

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  • News ID: #26509529
  • URL: https://chronographically.beamstart.com/news/bitcoin-price-braces-for-75k-17407395918804

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