Bitcoin dropped to a near two-week low on Monday, continuing its recent slide as concerns over increased trade tariffs under U.S. President Donald Trump dampened demand for risk assets. Bitcoin fell 1% to $82,045.2, briefly hitting $81,300, as traders reacted to signs of a looming U.S. recession, especially after Goldman Sachs raised the likelihood of an economic slowdown in 2025. The crypto market was also impacted by the transfer of 4,000 Bitcoins, valued at approximately $332 million, to the Kraken exchange, signaling potential sales. This move compounded the negative sentiment surrounding…
Source:: Bitcoin Drops to $82,045 Amid Trade Tariffs and Recession Fears