📉 Price Action & Market Drivers

Bitcoin is currently trading around $108k, down ~1.6% in the past 24 hours, sliding from highs near $110k .

The dip comes after a brief rally on strong June U.S. jobs data (147 k jobs added), with prices briefly surpassing $110k before reversing amid concerns over impending U.S. tariffs .

Technical analysis reveals bearish divergences across multiple time frames. Traders cite rising sell pressure near the $110k resistance zone, warning of possible pullbacks .$BTC $ETH $XRP #TrumpVsMusk #REX-OSPREYSolanaETF