$BTC Bitcoin (BTC) Market Update:
Bitcoin is currently trading at $84,421.00, experiencing a 0.03% increase from yesterday's price. The highest price of the day so far was $84,679.00, and the lowest was $81,489.00.
However, recent political announcements, such as new tariff measures by the US government, have caused Bitcoin’s price to dip below $82,000, reflecting increased market volatility.
Additionally, Bitcoin is approaching a "Death Cross" formation, where its 50-day moving average is crossing below the 200-day moving average. This technical pattern is often seen as a bearish signal in the market.
Investors should be cautious and closely monitor market trends as Bitcoin remains volatile due to external economic factors.