$BTC

Influencing Factors:

- Global trade tensions: The announcement by U.S. President Donald Trump of new tariff rates led to disruptions in financial markets, negatively impacting cryptocurrencies.

- Increased market volatility: The rise of the Market Volatility Index (VIX) to 48.4 indicates heightened fear among investors.

Support and Resistance Levels:

- Key Support: If the decline continues, Bitcoin may test a support level of around $74,000.

- Potential Resistance: To achieve a recovery, Bitcoin needs to surpass the $87,000 level.