The BTC market seems to have entered a Bear Market, and traders are quickly leaving the market, reflecting strong panic. At around 6 o'clock tonight, BTC rose by more than 3%, reaching $86,790. But around 9 o'clock in the morning, the price of BTC fell to $84,570, a drop of about 4% in 24 hours, and a 22.85% drop from the high point in January. According to CoinGlass data, the price of BTC fell by over $12,000 in three days, leading to the evaporation of over $1 billion in leveraged long positions. This dumping is related to the tariff threat by U.S. President Trump. On Wednesday, Trump announced a 25% tariff on the European Union, causing market turmoil. Despite the better-than-expected financial report from Nvidia, the U.S. stock market closed flat on Wednesday, while the gold market fell by 2.2% in two days, leading more investors to seek comfort in U.S. long-term bonds. Traders are concerned #荣誉积分抽奖,赢MacBook Air和周边
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The BTC market seems to have entered a Bear Market, and traders are quickly leaving the market, reflecting strong panic. At around 6 o'clock tonight, BTC rose by more than 3%, reaching $86,790. But around 9 o'clock in the morning, the price of BTC fell to $84,570, a drop of about 4% in 24 hours, and a 22.85% drop from the high point in January. According to CoinGlass data, the price of BTC fell by over $12,000 in three days, leading to the evaporation of over $1 billion in leveraged long positions. This dumping is related to the tariff threat by U.S. President Trump. On Wednesday, Trump announced a 25% tariff on the European Union, causing market turmoil. Despite the better-than-expected financial report from Nvidia, the U.S. stock market closed flat on Wednesday, while the gold market fell by 2.2% in two days, leading more investors to seek comfort in U.S. long-term bonds. Traders are concerned #荣誉积分抽奖,赢MacBook Air和周边