Bitcoin down 3% & breaks 90,000$ level after 4 Months, Next major Support at 200DSMA at 81630

US President Donald Trump’s decision to move ahead with tariffs on Mexico and Canada in March has sparked bearish sentiment across global financial markets including Bitcoin (BTC). 

Bitcoin price declined by another 3.2% on Monday bringing its losses since the Bybit hack to 7% as it traded as low as $89,000 within the intra-day session.

In the derivatives markets, Bitcoin traders lost $243 million which accounted for more than 20% of the $943 total market liquidation on the day, according to Coinglass charts. 

Michael Saylor, CEO of Strategy (formerly Microstrategy) announced another 20,356 BTC purchase worth $1.99 billion on Monday. 

Recent News

US Tech 100 Forms Head and Shoulders Pat...

June 02, 2025

Market Insights

US TECH 100 IN CRUCIAL WEDGE FORMATION B...

June 17, 2025

Market Insights

Nasdaq 100 Futures Eyeing Bullish Triang...

April 11, 2025

Market Insights

NASDAQ making bullish Flag in 1HR

February 14, 2025

Market Insights

DAX made a new ATH in day running tradin...

December 13, 2024

Market Insights

GBPJPY will it break resistance or face...

December 20, 2024

Market Insights

Maddy

Cross-Asset Analyst & Trainer

Varun Sharma

Senior Strategist

VJ Yadav

FX Strategist

Bot Window | Bot Window