Bitcoin (BTC) has experienced a significant drop, falling below $91,000, its lowest level in three months. Several factors contribute to this downward spiral, including U.S. President Donald Trump's announcement of new tariffs on Canada, Mexico, and China, which stoke inflation fears and prompt investors to withdraw from risk assets like Bitcoin. Institutional demand has also slowed, with outflows from Bitcoin ETFs, indicating uncertainty in the market. The broader crypto market has also fallen, with the total market capitalization declining by 8%. Bitcoin is currently at a critical support level of $90,000, and its fate depends on how markets respond to Trump's tariffs and whether institutional demand rebounds.



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