Ethereum, Bitcoin Prices Collapsing Sunday Night. Bottom So Far, $91,000 for BTC, $2,150 for ETH

No, It isn't the Trump Tariffs on Canada and Mexico. Here are the reasons for BITCOIN's sudden decline. Bitcoin is currently in a steep dive, having lost almost $8,000 in Value over the last 24 Hours.

Bitcoin is experiencing a decline due to a combination of factors, including stronger-than-expected U.S. economic data, which has diminished hopes for Federal Reserve rate cuts, and significant liquidations in the crypto market. Additionally, the U.S. government's planned sale of seized Bitcoin is creating further uncertainty.

Bitcoin reached its all-time high of approximately $108,077 on December 17, 2024. This peak was influenced by various factors, including favorable macroeconomic conditions and Bitcoin ETF approvals.