The crypto market crashed over a month ago after Trump threatened a 100% tariff on China. Trump’s meeting with Xi Jinping led to a temporary truce, and a $2,000 tariff dividend was announced for Americans. Treasury Secretary Scott Bessent revealed a plan to tackle national debt using stablecoins and money-market funds, but Bitcoin’s price plunged from $126,198.07 to $94,000. U.S. spot Bitcoin ETFs saw the second-largest outflows on Nov. 13, wiping out approximately $867 million. Analysts suggest that Bitcoin has entered a bear market regime, with potential support at $93,000-$95,000 and resistance at $100,200 and $107,300.BTC was trading at $96,043.49.

Read more at Yahoo Finance: Analyst predicts further breakdown as Bitcoin price crashes to $94,000