Last mentioned: 1h ago
Support Breach
Bitcoin drops 4.8% in early Asian trade, falling below the $65,000 psychological floor to $64,300.
Tariff Rhetoric Intensifies
New reports on aggressive tariff implementation plans begin circulating in financial circles.
Consolidation Phase
Bitcoin trades steadily near $68,900 as markets await trade policy clarity.
Bitcoin has plummeted below the critical $65,000 threshold, erasing months of post-election gains as investors flee risk assets amid escalating global tariff uncertainty. The 4.8% slide in early Asian trading reflects growing anxiety over the macroeconomic impact of protectionist trade policies on global liquidity.
Major cryptocurrencies including Bitcoin and Ethereum have entered a period of volatility, sliding as the market anticipates the release of the Federal Reserve's January meeting minutes. Despite the downward pressure and $200 million in liquidations, some analysts and whale investors view the current price levels as a strategic entry point.
Bitcoin has entered a precarious phase, trading near $68,400 as it navigates its fourth consecutive week of losses amid significant institutional outflows from US-listed ETFs. Market sentiment remains fragile, pressured by volatility in the broader technology sector and mounting uncertainty surrounding AI-driven growth narratives.