Bitcoin has continued its downward trajectory, reaching its lowest valuation since July as escalating trade disputes between the United States and China triggered substantial capital outflows from digital asset markets. Market data reveals Bitcoin declined more than 5% within 24 hours, falling to approximately $103,300 after maintaining levels near $112,000 earlier this week. This sustained sell-off has prompted significant liquidation events across cryptocurrency derivatives platforms, exacerbating the downward pressure. The market movement reflects growing investor caution amid geopolitical uncertainties and shifting capital allocation strategies. Analysts note that the current correction aligns with broader risk-asset volatility as traditional financial markets respond to evolving trade negotiations. The cryptocurrency’s price action demonstrates continued sensitivity to macroeconomic developments despite its maturation as an asset class. Market participants are closely monitoring support levels and trading volumes for indications of potential stabilization or further downward movement in the coming sessions.
