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Bitcoin slipped sharply on Monday, hovering near its lowest level since Donald Trump returned to the White House, as renewed political uncertainty and global market jitters weighed heavily on investor sentiment.
The world’s largest cryptocurrency fell amid a broader risk-off mood across financial markets, with traders growing cautious about the policy direction of the new US administration. Analysts said concerns over potential regulatory changes, trade tensions, and tighter financial conditions have prompted investors to reduce exposure to volatile assets such as cryptocurrencies.
Market participants also pointed to profit-booking after Bitcoin’s strong rally in recent months. As liquidity thinned, even modest sell-offs pushed prices lower, amplifying short-term volatility. Other major digital assets, including Ether and Solana, also traded in the red, reflecting the broader weakness in the crypto market.
Despite the decline, some experts remain optimistic about Bitcoin’s long-term prospects, noting that institutional interest and adoption trends remain intact. However, in the near term, traders are expected to remain cautious, tracking signals from the US Federal Reserve and policy cues from Washington.
With political and macroeconomic uncertainties still unfolding, Bitcoin is likely to face continued price swings, underscoring its sensitivity to shifts in global risk appetite.
