Degen

It shows a 22% chance of a price drop to $75,000 by March 28, a significant increase from last week’s 10% chance. The increase in probability comes in the wake of a new tariff war between the US and its major trading partners.

Concerns have been growing about the impact of these tariffs on global inflation and the difficulty of central banks cutting interest rates. Bitcoin has fallen 11% in the past four days to $93,000. Ethereum has also fallen below $2,200.

However, the overall outlook remains positive and the possibility of cash ETFs for other cryptocurrencies could bring more capital into the market.