IOTA Could Be on the Verge of Lift Off
IOTA (IOT) is climbing 9.5% this week to $0.1599, strongly outperforming the broader crypto market, where Bitcoin (BTC) is up 5.0% to $82,870. The sharp recovery in digital assets comes amid a temporary pause in the U.S.-driven global tariff war, which has revived investor appetite for risk.
Markets are now speculating that the U.S. may soon enter trade negotiations with China, especially after signs of easing inflation. This could prompt the Federal Reserve to signal interest rate cuts—an unequivocal positive for the crypto sector.
Bitcoin is currently testing the critical resistance zone at $81,000–$83,000. A decisive breakout above this range could trigger a broader altcoin rally. For IOTA, this would mean a potential exit from its long-standing wedge formation, opening the path to key targets at $0.2000 and possibly $0.3000.
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