Tag Archives: Bitcoin support levels

A week-long rout in Bitcoin deepened amid the recent broader retreat from risky assets in the wake of US President Donald Trump’s tariff threats and crypto sector turmoil, marking a dramatic reality check for one of the most popular Trump trades.The original cryptocurrency tumbled as much as 7.2% to $78,226 at one point Friday, bringing its decline from the all-time …

Bitcoin has dropped more than 20% from its January peak of $109,350 to hit an intraday low of nearly $83,000 on February 27. Although the cryptocurrency has since recovered to around $85,000, the sell-off has erased nearly $300 billion from its market value, according to ET report.Avinash Shekhar, Co-Founder and CEO of Pi42, said that Bitcoin’s decline below $85,000 marks …