The price of Bitcoin has once again hit a low point, dropping to its lowest level in the past three months. This decline can be attributed to a combination of factors, including liquidations, outflows from spot BTC ETFs, and new tariff threats from President Trump against the European Union. As a result, the cryptocurrency market has taken a heavy hit, with Bitcoin being the most affected.

This recent drop in Bitcoin’s price has caused concern among investors and traders, as it marks a significant decrease from its previous highs. The market has been volatile in recent months, with Bitcoin experiencing several ups and downs. However, this latest dip has been particularly significant, with the price falling below the $30,000 mark.

One of the main contributing factors to this decline is the increase in liquidations. As the market becomes more volatile, traders are forced to close their positions, resulting in a cascade of sell-offs. This, combined with the outflows from spot BTC ETFs, has put significant pressure on the price of Bitcoin.

In addition to these market factors, the recent tariff threats from President Trump have also added to the downward pressure on Bitcoin. The US government has announced plans to impose new tariffs on goods imported from the European Union, which has caused uncertainty and fear among investors. This has led to a decrease in demand for Bitcoin and other cryptocurrencies, resulting in a drop in their prices.

Despite these challenges, many experts remain optimistic about the future of Bitcoin. They believe that this dip in price is temporary and that the market will eventually recover. In fact, some see this as an opportunity to buy Bitcoin at a lower price before it potentially rises again.

In conclusion, the recent drop in Bitcoin’s price has been a result of various market factors, including liquidations, outflows from spot BTC ETFs, and new tariff threats. While this has caused concern among investors, many experts believe that this is just a temporary setback and that the market will eventually bounce back. Only time will tell how Bitcoin and the overall cryptocurrency market will fare in the coming weeks and months.