📉 $BTC Drops 2.55% in 24h — What’s Behind the Move? #BTC...

📉 $BTC Drops 2.55% in 24h — What’s Behind the Move? #BTC pulled back to \~\$107K, losing 2.55% in the past 24 hours — here are the 3 key reasons (based on insights gathered via the new CMC AI by CoinMarketCap): 1️⃣ Trump’s Tariff Shock On May 23, Donald Trump announced 50% tariffs on EU imports. This reignited global trade fears, triggering a risk-off move — similar to BTC's -6.5% dip back in April during earlier tariff tensions. 2️⃣ Technical Resistance $BTC failed to break through the \$110K level (Fibonacci 127.2% target at \$117,485). RSI14 has dropped to 63.3, indicating weakening momentum. Around \$544M in long liquidations occurred between \$106K–\$109K. 3️⃣ Risk-Off Across Markets ETH dropped -4.3%, SHIB -3.5%. BTC dominance dipped from 63.15% to 63.13%, as capital shifted to cash and treasuries. Bottom Line: Geopolitics, technical exhaustion, and liquidations all weighed on price. Still, BTC is up +16.83% over the past month. Institutions (204 currently hold BTC) may provide support — but will it be enough? All data sourced using CMC AI — try it yourself: @CoinMarketCap https://x.com/Sasha_why_N Catch the action on X #Bitcoin #Trump #BTC Price Analysis#