Bitcoin (BTC) slumped below $82,000 as trade tensions continued to weigh heavy on market sentiments. The flagship cryptocurrency briefly spiked above $84,000 after the CPI report showed softer-than-expected inflation numbers. However, it could not sustain momentum and dipped back towards $83,000.
Bitcoin (BTC) regained ground and surged past $84,000 as inflation data revealed a sharper-than-expected decline, reinforcing hopes the Federal Reserve would ease monetary policy sooner than expected.
Bitcoin (BTC) bounced back above $80,000 despite facing volatility and selling pressure. The flagship cryptocurrency dipped to a low of $76,365 before recovering to its current level.
Bitcoin (BTC) continued to decline over the weekend as volatility and bearish sentiment persisted after President Donald Trump’s executive order to create a strategic Bitcoin reserve disappointed investors. Uncertainty caused by trade tariffs on Canada and Mexico and the risk of a trade war with China also impacted investor sentiment.
Bitcoin (BTC) is struggling to build momentum as it recorded a marginal decline to slip below $86,000. The flagship cryptocurrency has been down nearly 1% over the past 24 hours and is trading at just under the $85,500 level.
Bitcoin (BTC) slipped below $90,000 late on Friday as it fell to a low of $86,713. The price continued to decline, falling to $85,323 before registering a marginal recovery and moving to its current $85,800. The flagship cryptocurrency is down nearly 4% over the past 24 hours.
Bitcoin (BTC) faces considerable volatility during the ongoing session as it struggles to maintain its position above $90,000. The flagship cryptocurrency has been marginally down over the past 24 hours and trading around $89,500. BTC had dropped to a low of $84,718 earlier in the session before rebounding to its current levels.
Bitcoin's (BTC) price action has registered a stumble during the current session after reaching an intraday high of $92,910. The decline sees the flagship cryptocurrency retreat back below $90,000, down over 1% during the current session.
Bitcoin (BTC)’s recovery has gathered pace as it reclaimed $90,000 after rebounding from a low of $81,947. The flagship cryptocurrency is up over 8% and is trading around $90,100 as bulls attempt to build momentum and push towards $95,000.
Bitcoin (BTC) was back in the red on Monday as Sunday’s rally lost momentum after Donald Trump reaffirmed his intentions to impose tariffs on Canada and Mexico starting March 4. Both countries vowed to retaliate, sending markets into a tailspin.
Subarna is a graduate of Mechanical Engineering. She loves cats, art, and crypto - in that order. She is a passionate writer and a voracious reader.
