Bitcoin Price Drops Below $86,000 – Expert Analysis on Factors Driving Decline

Recent data reveals a continued downward trend for Bitcoin, with prices dipping below the $86,000 mark. The latest decline comes after President Trump’s announcement of increased customs duties, adding to existing trade tensions. 1.5% drop was noted in the last hour of trading. Data visualizations showing minute candles highlighting the price movements are being used by analysts to illustrate this trend. This development is believed to be contributing to a larger market downturn impacting both cryptocurrencies and traditional assets such as gold. Some experts suggest that these tariffs, coupled with Donald Trump’s past promises regarding cryptocurrency investments, may contribute to continued volatility and increased inflation in the U.S. The current market situation has also led to significant liquidation across various cryptocurrencies, with $376 million being liquidated over the last 24 hours, mostly from long positions. This article does not constitute financial advice.