Bitcoin tumbles below $92,500 as US-EU tariff war fears intensify
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Bitcoin slipped below the $92,500 mark on Monday as mounting concerns over a potential tariff war between the United States and the European Union unsettled global financial markets.
Investors rotated out of risk assets amid escalating trade tensions, boosting the US dollar and putting pressure on cryptocurrencies. The decline underscores Bitcoin’s ongoing sensitivity to macroeconomic uncertainty, with traders closely monitoring geopolitical developments and upcoming policy signals for clues on market direction.