BTC Dips 2% Amid U.S. Tariff News, But Institutional Demand and Long-Term Accumulation Persist

Bitcoin is currently trading at $105,281.03 on Binance, reflecting a 2.00% decline over the past 24 hours, with a 24-hour opening price of $107,428.00 and significant trading volume consistent with its status as the largest cryptocurrency. The recent price decrease is primarily attributed to renewed investor uncertainty following the reinstatement of U.S. trade tariffs and related legal developments, which have contributed to broader market volatility. Despite this correction from its recent all-time high, institutional demand remains strong, with notable investments from both U.S. and Indian firms, while on-chain data indicates a shift from accumulation to distribution among large holders and increased accumulation by long-term investors.