$BTC
The price of Bitcoin is currently around 82,951, an increase of +5.74%. However, investors are becoming more cautious, reducing risky trades with Bitcoin due to concerns about the U.S. economy. Many traders are now reducing leverage, meaning they are borrowing less money for trading BTC. This indicates that people are not as confident in the market right now.
Another worrying sign is that some long-term Bitcoin holders have started to move their coins again. In the past few days, over 8,000 BTC that had been inactive for 3-5 years were suddenly sent to exchanges. Usually, when people move old BTC, it means they may be preparing to sell, which could further lower prices.
At the same time, inflows of BTC to exchanges have sharply increased. In just one day, over 50,000 BTC were sent to exchanges. This indicates that more traders are looking for selling opportunities rather than holding, which could lead to further price declines.
One of the main reasons for this caution is the uncertainty regarding U.S. economic policy. This means that many American traders are selling BTC, and large investors are not coming in to buy. If this continues, BTC may face difficulties.