Why Is Bitcoin Down Today?
US Tariffs & Market Fear:
The US announced new tariffs, creating fear in financial markets.
Investors moved away from risky assets like crypto.
Bitcoin dropped below $115,000 because of this (Source).
Technical Breakdown:
Bitcoin broke below a 16-day consolidation range.
It lost a key support level near $116,000 — a bearish sign.
High Liquidations:
Heavy selling pressure across the crypto market led to losses in Ethereum, Solana, and Dogecoin too