"Bitcoin falls on trade war escalation concerns... Need to brace for volatility once again"

"The results of the US February CPI, creating public opinion that the Trump tariff war will expand"

"The fact that the US Consumer Price Index (CPI) in February fell short of market expectations has increased the possibility of an expansion of the trade war by President Trump, and the asset market is currently declining."

Cryptocurrency media outlet Cointelegraph reported that the reason for the decline in Bitcoin (BTC) on the 14th was due to concerns over the expansion of the trade war.

Bitcoin fell by about 3.1% compared to the previous day as of the 14th. On the 13th, Bitcoin rebounded to $84,000 due to the results of the US CPI in February. The US CPI in February rose 2.8% year-on-year, lower than the market's expected 2.9%, and the market's concerns about 'stagflation' eased.

However, despite the rebound on the 13th, Bitcoin fell back the next day. The reason for the decline on the 14th was the US CPI index in February, which led to the rebound on the 13th.

Cointelegraph quoted a sentence from the trading information website 'The Covesi Letter', saying, "If concerns about stagflation had eased, the US stock market would have surged, but the US stock market showed a very lukewarm response," and "This suggests that President Trump will continue the ongoing trade war."

It further emphasized, "The market interprets that with the easing of inflation, President Trump can take more aggressive steps in the trade war, and assets including Bitcoin should prepare for greater volatility."

Cointelegraph also quoted a post by famous cryptocurrency trader Josh Rager. Josh Rager said earlier this month on his X account that "Based on the comments of Jerome Powell, the chairman of the US Federal Reserve, the Fed has already decided to keep interest rates unchanged at this month's Federal Open Market Committee (FOMC) press conference."

Reporter Kwon Seung-won ksw@blockstreet.co.kr