Bitcoin heads toward $100K as US trade deficit, China bank woes raise alarm

Bitcoin heads toward $100K as US trade deficit, China bank woes raise alarm – DG Verifications & Stats

Bitcoin’s sell-off accelerates as macroeconomic challenges prompt stock and crypto traders to cut risk. Market Analysis Key takeaways: Rising US trade deficits, insider stock sales, and weak Chinese banks heightened global investor caution. Whales and miners keep selling Bitcoin, but macroeconomic weakness remains the dominant driver. Bitcoin (BTC) dropped to its lowest level in 50 days, below $108,000. The sharp decline caught traders off gua…

Bitcoin heads toward $100K as US trade deficit, China bank woes raise alarm - WorldNL Magazine

Key takeaways:Rising US trade deficits, insider stock sales, and weak Chinese banks heightened global investor caution.Whales and miners keep selling Bitcoin, but macroeconomic weakness remains the dominant driver.Bitcoin (BTC) dropped to its lowest level in 50 days, below $108,000. The sharp decline caught traders off guard and triggered $137 million in liquidations of leveraged bullish positions. The move came after a 1.2% pullback in the tech…

Bitcoin heads toward $100K as US trade deficit, China bank woes raise alarm

Rising US trade deficits, concerns of AI sector profitability and cracks in Chinese banks take a toll on Bitcoin price.