On the morning of this Tuesday (11), the cryptocurrency market operated at a market cap of $2.65 trillion (-2%), while the $BTC was traded at $81.7 thousand (-0.5%) with 61.1% market dominance, extreme fear sentiment from investors (15%) and most altcoins in the red, despite the rise of up to double-digit percentages of some tokens.
The strong correction of Bitcoin, which nearly hit the support of $76.6 thousand, followed new statements from Donald Trump, who is facing questions related to market manipulation. In an interview with Fox News last Sunday (9), the President of the United States did not rule out that the measures he promoted could cause a recession in the world's largest economy, due to the return of inflation with the pass-through of tariffs on products from other countries. A scenario that, according to experts, should increase Bitcoin's volatility.
Whales and sharks take advantage of the panic from the small investors, buying the dip and preparing to drive Bitcoin up.
BTC
68,974.33
+5.02%