Bitcoin and other cryptocurrencies are crashing as President Donald Trump warns of economic “pain” due to a brewing trade war.
Bitcoin has fallen below $97,000, dragging down XRP, Solana, and Dogecoin with it.
The crypto market is experiencing sharp losses:
The decline follows Trump’s tough trade stance, which has spooked investors and triggered a wider sell-off in stocks and crypto.
The market’s future depends on:
Some analysts believe the dip could be a buying opportunity, while others warn of more losses ahead.
Bitcoin’s fall below $97K marks a critical moment for crypto investors. If trade tensions continue to rise, the market could see further declines. Will Bitcoin rebound or drop even lower? Only time will tell.