$BTC Bitcoin fell on Friday, continuing a recent decline as the trend of profit-taking in the crypto markets shows no signs of slowing amid increased uncertainty regarding trade and the U.S. economy.

Meme coins associated with President Donald Trump and billionaire Elon Musk suffered significant losses amid a worsening public feud between them. $TRUMP and Dogecoin led this trend.

The world's largest cryptocurrency dropped 1.6% to $102,965.7 at 05:58 Moscow time, previously sinking to lows below $101,000. The broader crypto market also mostly declined along with Bitcoin.