Bitcoin dropped under the crucial $100,000 level, reflecting broader weakness in the equity markets. This decline was largely fueled by tariff threats from U.S. President Donald Trump, unsettling investors. Additionally, a new artificial intelligence development from China caused disruptions in the technology sector, further denting market sentiment.


Adding to the volatility, uncertainty surrounding Trump's proposed regulatory framework for the crypto industry led to cautious trading. Meanwhile, market participants awaited the Federal Reserve's upcoming meeting, where interest rates are expected to remain unchanged but with a hawkish stance.


Technical Overview

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