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Bitcoin Remains Under Pressure After Hitting Key Resistance
Bitcoin price retreated sharply as the recent uptrend lost steam. The BTC/USD pair dropped to 91,130, down from this week’s high of 94,515. It remains much lower than the all-time high of 126,300. Bitcoin retreated as investors embraced a risk-off sentiment ahead of the Supreme Court’s ruling on Donald Trump’s tariffs on Friday. While the judges hinted that they will rule against the tariffs, there is a likelihood that the justices will allow them to continue. The decline coincided with the performance of the stock market, with the S&P 500 Index falling by 35 basis points. Other indices like the Nasdaq 100 and ... (full story)
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