Bitcoin Plummets as Market Fears Mount Amid Economic Uncertainty

Recent market volatility has cast a cautious shadow over both traditional and cryptocurrency assets. Weakening earnings from major consumer companies, fueled by ongoing economic uncertainty and shifts in AI investment sentiment, have contributed to a broad risk-off environment. Bitcoin and other cryptocurrencies are reflecting this caution as traders adjust positions amid fears of a slowing U.S. economy and the potential impact of federal policy changes.