{"content":"📉 Bitcoin Flatlines as Trump’s Economic Agenda Reemerges Bitcoin price is range-bound following a 7.32% increase last week. Trump's budget deadline and tariff suspension expiry in early July may affect BTC prices. US-listed spot BTC ETFs lost $342.25 on Tuesday, ending their inflow run since June 9. A K33 analysis on Tuesday showed that BTC has stabilized in a small range throughout the week, with 7-day volatility falling to 0.79%, the lowest since October 14, 2023, as seen in the graph below. The Iran-Israel conflict truce last week boosted BTC by almost 7%, closing over $108,000. BTC fell below $106,000 on Tuesday as political events, including US President Donald Trump's budget plan and trade talk, resurfaced. The Senate voted 51-50 to approve Trump's One Big Beautiful Bill (OBBB) on Tuesday. Trump wants to finish the budget plan by Friday, so it's back to the House. On July 9, the tariff pause ends. Besides the OBBB bill and tariff freeze expiry, less liquidity due to July 4 Independence Day may increase market uncertainty and prevent traders from taking risks. The US jobs report, containing NFP statistics, is planned for publication on Thursday, which may again affect interest rate forecasts. According to SoSoValue data, US spot Bitcoin ETFs had a $342.25 million outflow on Tuesday, the largest since May 30 and snapping a 15-day sequence of inflows since June 9. If institutional outflow accelerates, BTC may fall lower. Last month, Arizona resurrected HB2324, a Bitcoin reserve bill to create a fund from criminal asset forfeiture. Bitcoin has been stabilizing between $105,333 and $108,355 since June 25. After retesting its low, it trades around $107,600 on Wednesday. BTC may climb to the May 22 all-time high of $111,980 if it breaks and closes above the upper consolidation barrier around $108,355 daily. If BTC falls below the lower consolidating barrier at $105,333 and closes below the 50-day Exponential Moving Average at $104,305 daily, it might continue to fall toward $100,000. #TrumpVsMusk #TRUMP $BTC $TRUMP ","images":["https://d2kdcqywr8ua22.cloudfront.net/uploadfile/article/blog/2025072025/07/02/d6200aef971f4b51a7266f1ed6f2e170.png"],"tags":[],"tradingPairs":["TRUMP/USDT"],"quotearticleid":0}