US tariffs remain a key headwind, and Bitcoin may drop toward the range low of $74,400 in the coming days if the psychological $80,000 support level is lost.
Bitcoin’s (BTC) price has dropped by over 2.5% over the last 24 hours to $83,400 as concerns over tariff impacts continue to sour investor sentiment.
BTC/USD daily chart. Source: Cointelegraph/TradingView
Several factors are behind Bitcoin’s decline today, including:
