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

August 4th. In early August, due to the pressure in the cryptocurrency market, investors need to pay particular attention to the key support levels 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 of the U.S. third-quarter tariff bill and the Federal Reserve repeatedly emphasizing no interest rate cuts this year, the market uncertainty has intensified. With the U.S. dollar remaining strong and global liquidity tightening, risk assets have generally weakened. Bitcoin has retraced nearly 10% from its July high, while Ethereum is facing resistance at the $4,000 level and has broken below $3,500 and is continuing to seek support. Despite the 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 more than 200 crypto assets for exchange and offers zero transaction fees for spot and contract limit orders. Against the backdrop of continuous macro fluctuations, BiyaPay analysts advise investors to focus on changes in key support and resistance areas and flexibly adjust their position strategies.