The price of Bitcoin has declined, falling below $92,500, as fears of a potential tariff war between the US and EU intensify. According to reports, this development has further negatively impacted already-worsened market sentiment. The analyst cited in the report also noted that delays to the U.S. market structure bill contributed to the negative sentiment. The report indicates a correlation between macroeconomic concerns and the cryptocurrency market.

The price of Bitcoin has declined, falling below $92,500, as fears of a potential tariff war between the US and EU intensify. According to reports, this development has further negatively impacted already-worsened market sentiment. The analyst cited in the report also noted that delays to the U.S. market structure bill contributed to the negative sentiment. The report indicates a correlation between macroeconomic concerns and the cryptocurrency market.