$BTC 📉 Today’s Market Sentiment: Strong Bearish Pressure

Bitcoin is trading around $94,600, down approximately 1.1% today. This dip reflects broader market unease driven by unfolding global developments.

Key Factors Behind the Bearish Outlook:

U.S.–China Trade Talks Falter (#USChinaTradeTalks): Negotiations stumbled in Geneva this week. Lack of clear commitments has rattled investor confidence, causing risk-off behavior across stocks and crypto.

Geopolitical Tensions Escalate: News of Israel's Operation Rising Lion targeting Iranian nuclear and military sites—including reports of senior IRGC casualties—has heightened global geopolitical risk. Such events tend to depress risk assets like crypto as investors seek safety .

Macro Risk-Off Mode: As equity markets retreat, BTC is caught in the tide despite its potential as a hedge. Its correlation with global risk sentiment remains a key driver.

Today’s sell‑off hits altcoins even harder, with ETH and BNB both showing weaker performance. Market participants are cautious, awaiting clarity on trade resolution or conflict escalation.

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What to Watch Next:

Will U.S.–China diplomats revive smoother talks?

Could further airstrikes spark broader instability?

Watch for any central bank intervention or major risk events.