Bitcoin Price Plunges After Tariff Headlines, Testing $111K

Bitcoin (BTC) experienced a significant price drop today following market volatility sparked by tariff headlines. The decline followed short-term selling pressure and a shift towards safer assets such as gold. 14-day RSI values hovered around 44, while the MACD histogram indicated bearish momentum. 11.8% of Bitcoin’s total trading volume was exchanged in just 3 days. Over the past week, BTC has declined by nearly 9%, and over a month it has dropped by 4%. The all-time high was recorded near $125,198. 11.8% of Bitcoin’s total trading volume was exchanged in only three days. 30-day simple moving average remained at around $116,000 during the drop.