Bitcoin Edges Higher, Sticking Within a Range — Market Talk
Bitcoin rises marginally but remains stuck in a range amid ongoing uncertainty over U.S. tariffs. President Trump has pushed back the deadline for when his reciprocal tariffs will go into effect to August 1 from July 9. On his Truth Social platform Tuesday Trump said he will make trade announcements with at least seven countries on Wednesday. Bitcoin continues to hover within its recent range and is yet to challenge convincingly the key $112,000 resistance level, Trade Nation analyst David Morrison says in a note. "While the overall risk environment has supported sentiment, the lack of a clear breakout suggests investors remain cautious." Bitcoin rises 0.1% to $108,852, according to LSEG. ([email protected])