BTC Drops 3% Amid Global Uncertainty as Large Holders Accumulate Over 20,000 Coins in 48 Hours

Bitcoin is currently trading at $105,113.27, down 3.15% over the past 24 hours with a 24-hour opening price of $108,528.47 and strong trading volume, reflecting ongoing market engagement. The recent price decline is primarily attributed to renewed geopolitical and economic uncertainty, including stalled US–China trade talks, a contraction in US GDP, and the reinstatement of US tariffs, which have led to a broader risk-off sentiment across financial markets. Despite the short-term volatility, large holders have accumulated over 20,000 BTC in the last 48 hours and more than 30,000 BTC have been moved off exchanges to cold storage in the past month, signaling continued confidence in Bitcoin’s long-term outlook and a potential supply squeeze that could support future price recovery once macroeconomic risks subside.