Bitcoin Membangun Momentum Menuju $88K di Tengah Perang Dagang dan Legislatif Pro-Kripto
$88K in Sight? Bitcoin Builds Momentum Amid Trade War and Pro-Crypto Legislation https://cryptonews.com/news/88k-in-sight-bitcoin-builds-momentum-amid-trade-war-and-pro-crypto-legislation/

Bitcoin Builds Momentum Amid Trade War and Pro-Crypto Legislation

The price of Bitcoin is gaining ground, trading near $82,300 on Friday and targeting a key resistance level at $83,600. The cryptocurrency's momentum is building amid rising trade tensions between the US and China, and fresh pro-crypto legislation in North Carolina.

According to Samson Mow, CEO of JAN3, the Trump administration's decision to hike tariffs on Chinese imports could accelerate hyperbitcoinization, as shrinking Chinese trade surpluses could reduce Beijing's demand for US Treasuries, driving yields higher and weakening global trust in fiat currencies.

Also, President Donald Trump has repealed the IRS DeFi Broker Rule, removing a significant regulatory overhang for decentralized finance and boosting confidence across the entire digital asset space. The rule, originally finalized under the Biden administration, attempted to classify decentralized platforms and non-custodial wallet providers as brokers, forcing them to collect user data and report transactions via IRS Form 1099.

The Digital Asset Freedom Act, introduced by Representative Neal Jackson of North Carolina, could recognize Bitcoin as a legal settlement tool, allowing residents to pay taxes in Bitcoin and establishing new consumer privacy protections.

On the technical front, Bitcoin is trading just below $82,300, approaching a key resistance level at $83,600. A decisive move above this level with volume confirmation could flip short-term market sentiment bullish, paving the way for the next leg up.