PANews reported on March 12 that according to Cointelegraph, the EU's latest retaliatory tariffs have exacerbated macroeconomic uncertainty, prompting crypto analysts to predict that Bitcoin price volatility will intensify and may fall below the key $75,000 support level. The European Commission announced on March 12 that the EU will impose counter-tariffs on US goods worth 26 billion euros (28 billion US dollars) from April in response to US President Donald Trump's recent move to impose a 25% tariff on imported steel and aluminum. This move is the latest retaliatory tariff statement against US import tariffs , which may trigger new trade war concerns and market volatility in the short term.

Marcin Kazmierczak, co-founder and COO of blockchain oracle solutions company RedStone, said: "Retaliatory tariffs are not a positive sign because it indicates that there may be another rebound on the other side. This may cause the price of Bitcoin to retest $75,000 from $82,725. However, given that stablecoins and real-world assets (RWA) are still at historical highs, Bitcoin has the potential to rebound. I don’t think this news will have a strong impact at the moment, but we will observe the reaction of the United States." Other analysts still believe that in the current bull market cycle, the temporary decline in the price of Bitcoin to below $72,000 is part of a "macro adjustment" after which Bitcoin will continue to rise.