Bitcoin Faces Significant Decline as Economic Pressures Mount – BitRss

Recent data indicates that Bitcoin’s (BTC ($93,538.56)) likelihood of dropping to $75,000 by March 28 has surged to 22%, up from 10% just a week ago. New tariffs imposed by the U.S. on Canada, Mexico, and China, along with inflation concerns, have led to volatility in the cryptocurrency market. Over the past four days, Bitcoin $93,266 has lost 11% of its value, plummeting below $93,000, while Ethereum (ETH ($2,493.20)) $2,483 has dropped under $2,200. Experts emphasize that both technical indicators and global economic developments are triggering this decline.