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Bitcoin's fate hinges on maintaining the $76,500 level amidst market uncertainties. Expert analysis on tax impacts and economic pressures.

Arthur Hayes, the founder of Bitmex exchange, mentioned in a recent tweet that if the price of Bitcoin can sustain the $76,500 level, the digital currency market will likely overcome the current crisis. He pointed out that if Bitcoin surpasses its current conditions and continues to grow, there is hope for the market to stabilize and avoid severe declines. Additionally, Hayes predicted that the announcement of taxes in the United States on April 15 will significantly impact the market and may worsen the current situation. Moreover, the new tariffs imposed by the Trump administration on foreign goods, especially Chinese goods, will bring further economic pressures to the market. These tariffs can affect inflation rates and other economic factors indirectly influencing the prices of digital currencies.

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