Tariff jitters: Bitcoin dips below Rs 115,200; crypto market cap down by 3.82%
Bitcoin dipped below $115,200 due to fresh US tariffs and profit-taking, triggering significant liquidations across the crypto market. Altcoins mirrored Bitcoin's decline, with XRP and Solana falling over 6%. Despite the downturn, analysts remain optimistic, citing institutional demand and positive signals in the BTC options market, suggesting potential consolidation and a Q4 breakout.
Bitcoin dipped below $115,200 due to fresh US tariffs and profit-taking, triggering significant liquidations across the crypto market. Altcoins mirrored Bitcoin's decline, with XRP and Solana falling over 6%. Despite the downturn, analysts remain optimistic, citing institutional demand and positive signals in the BTC options market, suggesting potential consolidation and a Q4 breakout.
