minutes ago Bitcoin 
$121,644.47 price He dropped below $120 thousand and still hasn’t regained $120,400. The fact that we are constantly seeing deeper bottoms is not good for cryptocurrencies and the worrying decline signals are becoming more evident. Moreover, Trump’s ongoing statements are extremely annoying for risk markets.
Trump Speaks, Bitcoin Falls
Nothing like this had happened for a few weeks. While Trump was sitting quietly and calmly, he started to fuel tension again while the article was being prepared. This situation means a decline for BTC and it was tested below $120 thousand. The issue of secondary sanctions for Russia is also on the table like a ticking time bomb.
Trump is willing to escalate yet another round of tensions with China, with which a deal has still not been reached. He just said:
“(Chinese(Regarding ‘s mineral export controls) I’m just learning this. Lutnick and Bessent will handle this.
Perhaps we will have to stop large amounts of imports from China. “I want to discuss the soybean issue with President Xi.”
Concluding his statements after the cabinet meeting, Trump again pumped fear into the markets. His sudden decisions are known to everyone, and it would not be surprising if he announced a new wave of sanctions and additional taxes. Investors can therefore further reduce their risks. BTCIt needs to protect $120,400 to end the short-term decline.
