From Investing.com

May 30, 2025 02:06 am:

Bitcoin’s price dropped to $106k today due to profit-taking amid uncertainty over Trump tariffs. Investors are selling off their holdings, causing a decline in the value of the cryptocurrency. This comes as global markets react to the ongoing trade tensions between the US and China.

The price of Bitcoin has been fluctuating in response to geopolitical events, with many investors opting to cash out amid the uncertainty. Trump’s tariffs on Chinese imports have added to market volatility, leading to a sell-off in cryptocurrencies. This has resulted in Bitcoin’s price falling to $106k, reflecting a bearish trend in the market.

As trade tensions escalate between the US and China, Bitcoin’s price continues to be affected by market uncertainty. Investors are taking profits and moving towards more stable assets, leading to a drop in the value of the cryptocurrency. The current price of $106k reflects a cautious approach by traders in response to the geopolitical landscape.

Read more at Investing.com: Bitcoin price today: down to $106k as Trump tariff uncertainty spurs profit-taking