Bitcoin Dips Under $115K as Trump Tariff News Spooks Crypto
Bitcoin took a hit Friday after former President Donald Trump announced new trade tariffs. The drop pushed it to about $114,250 – a fresh three-week low (roughly 6.5% below July’s peak). The sell-off wiped out roughly $630M in crypto liquidations as sentiment turned bearish. Traders fled to safety as markets wobbled.
Meanwhile, the White House just released a major digital assets report (July 30) outlining new crypto rules. For now, markets are in risk-off mode. Binance users might see this dip as a chance: consider setting buy orders near key support (around $111K), stay ready for a rebound, or park some funds in stablecoins to weather volatility.
Set buy-limit orders near $111K support to catch potential bounces.
Keep some funds in stablecoins to hedge against swings.
Stay alert and watch the news – dips can flip into rallies.
Sources: Bitcoin price and liquidation data; market context (3-week low, 6.5% drop); White House crypto report ..
