Bitcoin experienced a 4% drop, falling below the critical support level of $100,000 to reach a daily low of $92,785. This marks the steepest decline since Donald Trump's return to the presidency, indicating significant market instability.
At the time of reporting, Bitcoin was trading around $94,512, showcasing how recent economic trends have affected the cryptocurrency market. Investors remain wary, closely monitoring developments to gauge future price movements and potential recoveries.
The downturn highlights Bitcoin's volatility and its sensitivity to both global economic factors and political changes, which contribute to fluctuating investor confidence.
