Sales continue in the cryptocurrency markets. Bitcoin tested $91,000, while Ethereum tested $2,500. $884 million worth of transactions were liquidated in the past 24 hours. Analysts highlighted increasing uncertainties and emphasized that Bitcoin is at a critical juncture.

Power loss persists in the cryptocurrency markets. Bitcoin, which has followed a predominantly selling pattern in recent days, plummeted from $96,400 to $91,000, marking a drop of over 5%. The leading cryptocurrency stabilized around $92,000 due to buying pressure. The second-largest crypto asset, Ethereum, dropped from around $2,800 to $2,500. The market decline followed statements by U.S. President Donald Trump regarding tariffs. Trump stated that the customs duties on products imported from Canada and Mexico would continue as planned. The market volatility led to 285,186 investors being liquidated. According to Coinglass data, a total of $884 million worth of positions were liquidated in the futures market in the past 24 hours. Analysts noted that Bitcoin is increasingly correlating with traditional markets.

Analysts emphasized the rising macroeconomic uncertainties and highlighted that Bitcoin is at a critical juncture.