#BTC
Bitcoin's price has recently dipped below the $110,000 mark, currently trading at approximately $107,935 . This decline follows a series of market events and broader economic factors.
Analysts attribute the downturn to several key developments:
Profit Booking: Investors have been locking in gains after recent highs, leading to a natural market correction .
The Economic Times
Regulatory Concerns: Uncertainty surrounding potential tariffs and regulatory changes, particularly from the U.S. administration, has added pressure on the crypto market .