Bitcoin Slides Below $107,000 as Crypto Market Hits Four-Day Losing Streak
BTC and ETH fell again on Friday amid global tensions and macroeconomic uncertainty.
The cryptocurrency market fell again on Friday, extending a four-day losing streak as investors grappled with rising geopolitical tensions, trade uncertainties, and the ongoing U.S. government shutdown.
Bitcoin (BTC) is trading at $106,400, down 2% on the day, while Ethereum (ETH) is hovering around $3,830, down 3.2% in the same timeframe.
John Glover, Chief Investment Officer at Ledn and former MD at Barclays, said he believes the current bull run in Bitcoin has ended.
“I firmly believe that we have finished the five-wave move higher, and we will now commence a bear market that will last into late 2026 at a minimum,” Glover said. “That’s…
