Why Is Bitcoin Dropping Today?

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US tariffs remain a key headwind, and Bitcoin may drop toward the range low of $74,400 in the coming days if the psychological $80,000 support level is lost.

Bitcoin’s price has dropped by over 2.5% over the last 24 hours to $83,400 as concerns over tariff impacts continue to sour investor sentiment.

Negative spot Bitcoin ETF flows return
Spot Bitcoin exchange-traded funds (ETFs) have been a significant driver of institutional interest, but recent data suggest the demand is waning.

Spot Bitcoin ETFs saw a total of $964 million in net outflows between March 28 and April 15, according to data from Farside Investors. The strong selling pressure began at the end of March, as global trade tensions increased and fears of an economic recession grew.

Negative inflows into spot BTC ETFs signal waning demand from institutional investors. This lack of fresh capital reduces buying pressure, pushing prices down as supply outpaces demand.


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