Bitcoin’s price has dipped below the $102,000 mark as investors brace for mid-tier U.S. economic data and potential implications of renewed tariff threats from former President Donald Trump. The cryptocurrency’s decline comes amid a fragile market environment where macroeconomic factors continue to heavily influence risk assets.
The upcoming data release is expected to provide fresh insight into the U.S. economy’s resilience, with analysts closely watching for clues about the Federal Reserve’s policy direction. Meanwhile, Trump’s tariff remarks have reignited concerns over trade disruptions, further unsettling market sentiment. Bitcoin’s performance often mirrors broader risk appetite, and the combination of these factors has pressured the leading cryptocurrency.
This pullback underscores Bitcoin’s sensitivity to macroeconomic shifts, highlighting its status as both a speculative asset and a potential hedge against traditional financial uncertainties.