Bitcoin Breaks Key Support as Market Reacts to Tariff Uncertainty

Bitcoin slipped below $90,000 for the first time in a month, triggering over $200 million in liquidations within hours.

QCP Insights attributes the drop to market uncertainty following Trump’s tariff decisions on Canada, Mexico, and China. Despite the decline, BTC’s implied volatility remains stable at 50%, while altcoins struggle as BTC dominance rises.

Traditional markets have largely ignored macro concerns, suggesting a potential decoupling of BTC from broader risk assets. Institutional demand remains a key factor—if large buyers don’t step in, Bitcoin could face further downside pressure.

Clever Robot News Desk 26^th February 2025