4 hours ago

Bitcoin heads toward $100K as US trade deficit, China bank woes raise alarm

Bitcoin’s sell-off accelerates as macroeconomic challenges prompt stock and crypto traders to cut risk.

Key takeaways:

Rising US trade deficits, insider stock sales, and weak Chinese banks heightened global investor caution.

Whales and miners keep selling Bitcoin, but macroeconomic weakness remains the dominant driver.

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Source: Cointelegraph →