Bitcoin Falls Amid Heating US-China Relations
Geopolitical tensions have once again rocked the global market, and this time the impact has been felt directly in the crypto world. The price of Bitcoin, which had previously been stable above US$107,000, suddenly plunged and landed at US$103,900. This decline was not just a regular technical correction — but rather a swift market reaction to the latest trade conflict between the United States and China.
The US government recently launched an additional tariff policy on various products from China, which was immediately responded to with a harsh tone by Beijing. Global investors immediately reacted, moving their assets from high-risk instruments such as crypto to traditional safe havens such as gold and the dollar.
Bitcoin, although often considered “digital gold,” has not been able to compete with investor confidence in conventional assets when the crisis peaked. As a result, in less than 24 hours, the crypto market capitalization lost billions of dollars.
What makes this situation even more tense is the concern that this conflict could have a wider impact on the technology and financial sectors. As is known, many large crypto companies — including exchanges and mining pools — have operational ties to China. If this tension continues, it is possible that there will be a policy of restricting technology or capital flows that could further depress the industry.
However, on the other hand, a number of analysts see this moment as a buying opportunity. They assess that geopolitical pressure is short-term, and Bitcoin's fundamentals are still quite strong in the long term, especially with the approaching launch of spot-based ETFs in various countries.
The market is waiting. Will Bitcoin be able to bounce back and show its resilience? Or will this global tension be the beginning of a new bearish trend?
