Bitcoin - Overview as of 11/26/2024

Financial and commodity markets analytics


On Monday, US President-elect Donald Trump announced that on his first day in office he will impose a 25% tariff on all goods from Mexico and Canada, as well as an additional 10% tariff on goods from China.

This information triggered purchases of the US dollar in various market sectors. Bitcoin has not become an exception. Quotes of the cryptocurrency came under pressure and fell from marks around $99000 to $93000. Technically, the range of $86000-92000 can act as a support zone. It is necessary to monitor the actions of investors and traders in this zone.