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Following the recent market whirlwind that occurred over the weekend, Bitcoin has fallen towards the $111,000 price level again as the market turns bearish. Amid this waning movement in price, retail players’ sentiment is still underwater, with these investors sending a large quantity of BTC to crypto exchanges.
Retail Traders Turn Bearish On Bitcoin
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US President Donald Trump’s announcement of a 100% tariff on Chinese imports caused market jitters. During the announcement of heightened trade tariffs, Bitcoin and nearly all other altcoins experienced strong sell pressure, which led to a significant capitulation.
While the broader crypto market is persistently fluctuating, a worrying trend has been observed among Bitcoin retail investors. CryptoQuant,
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