Bullish<\/strong>: Easing trade tensions, lawmakers support the Bitcoin Act, and ETF inflows, could drive BTC toward $109,312.<\/li>\n<\/ul>\n[ad_2]<\/p>\n","protected":false},"excerpt":{"rendered":"
[ad_1] XRPUSD \u2013 Daily Chart \u2013 100325Read expert analysis on what could drive XRP to new highs here. Bitcoin Slides to $80K as Risk Sentiment Sours On March 7, BTC tested buyer demand at $80k for the first time in nine sessions. President Trump\u2019s SBR Executive Order fell short of market expectations, weighing on BTC demand. Markets had anticipated a significant BTC purchase to add to its 198,109 BTC stockpile. However, Trump\u2019s Executive Order (EO) only tasked the US Treasury Department and Commerce Department to develop budget-neutral BTC acquisition strategies. The EO contrasted with prior speculation that the Trump administration would acquire 500k BTC soon after Trump\u2019s inauguration. In January, Anthony Scaramucci speculated: \u201cThey\u2019ll probably buy another four or five hundred thousand BTC. Let me tell you why I think it will happen ok. Trump wants it to happen and he\u2019s got the Senate Banking Committee. Tim Scott wants it to happen. He\u2019s going to be the chair of the Senate Banking Committee. Bessent wants it to happen.\u201d Trump\u2019s silence on BTC acquisition plans, combined with growing risk aversion, fueled US BTC-spot ETF outflows, further pressuring BTC demand. Senator Lummis\u2019 Bitcoin Act Crucial for BTC Demand While Trump\u2019s EO disappointed markets, Senator Cynthia Lummis\u2019 Bitcoin Act could change the narrative. The bill proposes that the US government purchase one million BTC over five years with a 20-year mandatory holding period. If Congress passes the act, BTC\u2019s supply-demand balance could shift significantly, potentially driving prices to new highs. On March 7, Senator Lummis commented on President Trump\u2019s call for Congress to get digital asset legislation on his desk before the August recess, stating: \u201cWe are on it, Mr. President! We must secure America\u2019s financial future.\u201d Bitcoin Price Scenarios: Key Levels to Watch On March 9, BTC tumbled 6.41%, following Saturday\u2019s 0.59% loss, closing at $80,736. Trump\u2019s Executive Order, tariff policies, and recession fears triggered BTC-spot ETF outflows. These pressured BTC\u2019s supply-demand balance. Potential price scenarios: Bearish: Trade tensions rise, opposition to the Bitcoin Act, and accelerating BTC-spot ETF outflows could drag BTC below the February 28 low of $78,174. Bullish: Easing trade tensions, lawmakers support the Bitcoin Act, and ETF inflows, could drive BTC toward $109,312. [ad_2]<\/p>\n","protected":false},"author":1,"featured_media":38093,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"footnotes":""},"categories":[45],"tags":[],"class_list":["post-38092","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-financas"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/tiproject.online\/index.php\/wp-json\/wp\/v2\/posts\/38092","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tiproject.online\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tiproject.online\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tiproject.online\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/tiproject.online\/index.php\/wp-json\/wp\/v2\/comments?post=38092"}],"version-history":[{"count":0,"href":"https:\/\/tiproject.online\/index.php\/wp-json\/wp\/v2\/posts\/38092\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tiproject.online\/index.php\/wp-json\/wp\/v2\/media\/38093"}],"wp:attachment":[{"href":"https:\/\/tiproject.online\/index.php\/wp-json\/wp\/v2\/media?parent=38092"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tiproject.online\/index.php\/wp-json\/wp\/v2\/categories?post=38092"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tiproject.online\/index.php\/wp-json\/wp\/v2\/tags?post=38092"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}