Bitcoin’s weakness continued as stocks sold off due to Trump’s tariff threat after the Supreme Court ruled his tariffs illegal. Market sentiment is extremely fearful with the Crypto Fear & Greed Index at 5. Traders expect BTC to fall below $55,000, matching analyst expectations.

Economist Timothy Peterson predicts an 88% chance BTC will be higher in 10 months. S&P 500 Index is balanced between 6,775 and 7,002, with buyers needing to break the 7,002 resistance for an uptrend. US Dollar Index faces resistance at the 50-day SMA (97.95).

BTC fell below $65,118, with buyers needing to defend $60,000 support. Ether dropped below $1,897, XRP is in a descending channel, BNB faces resistance at $651, and Solana struggles at $95. Dogecoin might drop to $0.08, while Bitcoin Cash and Cardano face challenges.

Buyers pushed Bitcoin Cash above the 50-day SMA but failed to sustain it, facing potential drops below $538. Cardano struggles to break the 20-day EMA, possibly heading towards $0.15 if support fails. The market remains volatile, with various challenges and opportunities for traders.

Read more at Cointelegraph: Bitcoin, Altcoins Fall Toward New Lows As Stocks Digest New Trump Tariffs