• • Bitcoin dropped to $114,250, its lowest level in three weeks

  • • $150 billion in market value was wiped out in 24 hours

  • • Liquidation of long positions worth $630 million

  • • Trading volumes increased by 18% amid rising volatility

Analysis of tariff impact

  • • New tariff announcements: Canada (35%), China (55%), European Union (15%)

  • • Market reaction to concerns about potential economic slowdown and inflation

  • • The relationship between different assets and the stock markets shows similar bearish patterns

  • • Federal Reserve decisions on interest rates add a layer of uncertainty

Trading considerations

  • • The key support level for Bitcoin at $114,000 is being tested

  • • Altcoins are following Bitcoin's downward trend with losses ranging from 1-3%

  • • Stablecoins are gaining appeal as temporary safe havens

  • • A potential buying opportunity is forming if the support level holds steady

For deeper insights, check out the "Market Collapse" analysis and the discussion on "Tariff Impact" on the Binance Square platform.#HalvingUpdate #hottrendingtopics #hnmafinance #MarketPullback $XRP #TrumpTariffs $BTC