Standard Chartered Bank: Market sell-off may subside, and the current key support level of BTC is $76,500

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MarsBit
04-07
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Mars Finance News, on April 7, according to The Block, Standard Chartered Bank stated that as signs of "American isolationism" begin to affect market sentiment, Bitcoin may benefit from rising tariff risks. Geoffrey Kendrick, the global head of digital asset research, said that American isolationism is similar to increased risks of holding fiat currency, which will ultimately benefit Bitcoin. Currently, $76,500 is a key support level, and the recent market sell-off may fade, unless broader risk-averse measures emerge in traditional markets. Bitcoin could potentially rebound to around $84,000.

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