Bitcoin declined by 3.1%, falling from approximately $95,385 to $92,415 due to renewed U.S.-EU trade tensions and geopolitical risks related to proposed tariffs. Over $865 million worth of liquidations occurred, mostly affecting bullish investors, with the total crypto market capitalization down 2.8%. Experts attribute the drop to increased macroeconomic uncertainty rather than crypto-specific factors, anticipating Bitcoin to trade in a narrow range with support near $85,000.
