Analyst: Bitcoin may drop to $75000 due to retaliatory EU tariffs

Odaily Planet Daily News: The latest retaliatory tariffs by the European Union have intensified macroeconomic uncertainty, prompting cryptocurrency analysts to predict that Bitcoin price volatility will intensify and may fall below the critical $75000 support level. The European Commission announced on March 12th that the EU will impose tariffs on 26 billion euros (28 billion US dollars) worth of US goods starting from April, in response to US President Donald Trump's recent move to impose a 25% tariff on steel and aluminum imports. RedStone co-founder and COO Marcin Kazmierczak said, "Countering tariffs is not a positive signal as it suggests that the other party may rebound again, which could see Bitcoin fall to $75000. However, given that stablecoins and RWAs [real-world assets] are still at historic highs, the cryptocurrency market may also rebound