On the morning of this Tuesday (11), the cryptocurrency market was operating at a market cap of $2.65 trillion (-2%), while the $BTC was being 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 was questioned regarding 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 largest global economy, due to the return of inflation with the passing on of tariffs on products from other countries. A scenario that, according to experts, is expected to increase Bitcoin's volatility.
Whales and sharks are taking advantage of the sardines' panic, buying the dip and preparing to boost Bitcoin.
BTC
68,429.29
+1.56%