BiyaPay Analyst: US Tariff Bill Weighs on Interest Rates, Could Test Bitcoin $100,000 Level, Ethereum Holds $3,000 Support

BlockBeats News, August 4th. In early August, under pressure in the cryptocurrency market, investors need to pay special attention to the key support level of $100,000 for Bitcoin and $3,000 for Ethereum. An analyst from BiyaPay pointed out that macro policies have become the dominant variable in the recent market, especially with the approaching U.S. third-quarter tariff bill and the Federal Reserve repeatedly emphasizing no interest rate cuts this year, intensifying market uncertainty. With the U.S. dollar maintaining its strength and global liquidity tightening, risk assets have generally weakened. Bitcoin has retraced nearly 10% from its July high, while Ethereum faces resistance at the $4,000 level, breaking below $3,500 and continuing to seek support.

Despite short-term pressure on the trend, on-chain data shows that current BTC long-term holders have not shown significant panic selling, and the overall market structure remains robust. Through BiyaPay, users can trade BTC, ETH, and other mainstream cryptocurrencies in real-time using USDT. The platform supports over 200 crypto assets for exchange and offers zero transaction fees for spot and contract limit orders. Against the backdrop of sustained macro fluctuations, BiyaPay analysts advise investors to focus on changes in key support and resistance areas and flexibly adjust their position strategies.