Bitcoin Nears $100K: US-China Concerns Spark Market Volatility

Bitcoin teeters on the brink of a potential correction, with concerns about US trade deficits and Chinese banking issues driving instability in the cryptocurrency market. The price is currently fluctuating between $108,000 and $115,000, focused on the crucial $100,000 level due to mounting macroeconomic uncertainty. The situation has raised alarm bells among market analysts and investors alike, prompting warnings from industry leaders about potential Bitcoin corrections. ]