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🥇 Analyst Explains Why Bitcoin (BTC) is Crashing, and It’s Not Trump Tariffs
Chart: BTC Price Performance. Source: BeInCrypto
👉 Bitcoin price hits a three-month low. An analyst explains that the crash is driven by unwinding cash-and-carry trades, not Trump’s tariffs.
👉 Hedge funds used Bitcoin ETFs and CME futures for low-risk arbitrage, but the collapse of this strategy triggered massive sell-offs.
👉 Bitcoin's price may stabilize at $70,000, a key support level where long-term holders could absorb selling pressure.
All details here 👈
@beincryptocommunity