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.
Bitcoin (BTC) rallied on Sunday, surging from $85,199 to $94,727 after President Donald Trump named the cryptocurrencies included in the strategic crypto reserve. However, the price declined marginally after reaching this level and trading just above the $90,000 level.
Bitcoin (BTC) went past $85,000 as it recovered from a correction that took the price to a low of $78,457 on February 28. The flagship cryptocurrency is up nearly 1% over the past 24 hours but is struggling to build momentum and retake key levels.
Bitcoin (BTC) has rebounded after plunging to a low of $78,457 late on Friday as buyers finally stepped in to prevent a further decline. The flagship cryptocurrency is up nearly 5% over the past 24 hours but remains below $85,000.
Bitcoin (BTC) slumped below $80,000 on Friday as bearish sentiment continued to dominate, pushing the price below key support levels and moving averages. The flagship cryptocurrency dropped to an intraday low of $78,179 earlier today before recovering to trade around the $80,000 level.
Bitcoin (BTC) registered its largest three-day decline since November 2022 as it fell nearly 13% thanks to waning institutional demand, record institutional outflows, mounting liquidations, and adverse macroeconomic conditions.
Bitcoin (BTC) is struggling to recover after a bloodbath at the beginning of the week that saw the price drop to an intraday low of $86,007 on Tuesday, with market watchers worried about a deeper correction that could drag the price to $80,000.
Bitcoin (BTC) and the crypto market plunged into the red after President Donald Trump announced the proposed tariffs against Canada and Mexico would come into effect in March.
Bitcoin (BTC) is marginally down during the ongoing session, having recovered from a low of $95,107. Bulls are struggling to build momentum as sellers look to drive the price below a key support level. If breached, BTC could see a correction that could drag it to $90,000.
Bitcoin (BTC) has steadied itself between $96,000 and $96,500 following a substantial decline after Bybit, one of the most prominent cryptocurrency exchanges, was hacked for a staggering $1.4 billion. The flagship cryptocurrency has registered a marginal increase over the past 24 hours and is trading at $96,390.
