This decline is due to escalating trade tensions between the United States and China, especially after tariffs were imposed. Indicators such as the Death Cross have emerged, where the 50-day moving average crosses below the 200-day moving average, suggesting the possibility of a continued downward trend. Important support levels to watch include $74,000, $65,000, and $57,000. Regarding future expectations, some analysts indicated the potential for Bitcoin's price to drop to the $70,000 - $75,000 range in the short term due to rising U.S. Treasury yields and inflation.

However, these analysts also expect a significant rise in Bitcoin's price, which could reach $250,000 by the end of the year. As for other cryptocurrencies, Ethereum (ETH) has seen a decline of 11% to approximately $1,592.50, and Solana (SOL) dropped by 9.9% to around $107.19.

Note: (BTC): The first and most famous cryptocurrency is considered a store of value and is referred to as "digital gold." Now, governments, companies, and banks are acting on the new decisions of the U.S. president to acquire digital gold (BTC) from the bottom.