Crypto News: Risk-off returns π¨ Bitcoin drops 2.5% as Wall Street mood sours π
Cryptocurrencies are posting clear declines on Monday, with Bitcoin retreating from around $96,000 to $92,000, in tandem with weakness in major stock indices and uncertainty linked to escalating trade tensions between the United States and Europe. This is another, so far relatively modest, deleveraging episode that does little to help crypto regain momentum and return to a bull market. If meaningful capital does not flow into the BTC market soon, Bitcoin may struggle to hold above $90,000.
For now, sentiment remains cautious, and it seems investors are unlikely to return to BTC with aggressive buying until the trend on Wall Street becomes more convincing. Digital assets have found themselves in a difficult spot,…
