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
The Japanese Yen has the upper hand agai...
March 11, 2025
Market Insights
AUDUSD GAVE BREAKDOWN?
November 14, 2024
Market Insights
DOW JONES making a Wedge Pattern in 1hr...
October 02, 2025
Market Insights
Dow Jones Forms Bullish Flag Pattern Abo...
November 03, 2025
Market Insights
Dollar Index at critical level showing s...
February 19, 2025
Market Insights
Gold consolidates to build up momentum a...
April 30, 2025
Market Insights
