Bitcoin Faces Downturn Amid Geopolitical Tensions

Bitcoin ($BTC ) has experienced a notable pullback, currently trading at $108,133, down from recent highs. This decline is influenced by several factors:

Geopolitical Concerns: President Trump's announcement of potential new tariffs, including a 25% tariff on iPhones manufactured outside the U.S. and a 50% tariff on European Union goods, has unsettled markets.

Market Dynamics: The crypto market's recent rally, driven by optimism over regulatory improvements like the U.S. Senate's approval of the GENIUS Act, may have led to overbought conditions, prompting a correction.

Investors are advised to monitor the situation closely, as further developments in trade policies and market sentiment could impact Bitcoin's trajectory.

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Not financial advice.