#TrumpTariffs Bitcoin Falls Below $104K as Market Volatility Spikes
📉 Bitcoin slid 4%, dipping under the $104,000 mark, while Ethereum saw a sharper 5.1% decline to around $2,400.
💼 A shift in sentiment is steering investors toward traditional safe havens as global tensions rise.
🧨 Crypto-related equities are also under heavy pressure as the broader market adopts a risk-averse stance.
Main Catalysts
• Reports of Iran leveraging crypto to bypass sanctions are drawing increased global regulatory focus.
• Automated trading systems are adjusting their risk models, intensifying short-term market turbulence.
• Geopolitical risk assessments show a split in trader sentiment, contributing to unstable price action.