Bitcoin Slides Below $104K Amidst Market Uncertainty

Bitcoin’s price dipped below the $104,000 threshold during recent market volatility, driven by a combination of global economic pressures and heightened trade tensions. Despite this decline, professional traders remain optimistic, attributing the dip to broader market reactions and citing stable trading activity indicated by derivatives. The recent slump is not attributed to any significant deleveraging or liquidity issues within the crypto market.