Why did Bitcoin drop today? Trump's tariffs triggered a "sell US" trade, and safe-haven funds flooded into gold.Bitcoin today dropped to around $88,500, while gold surged to $4,755. Trump's Greenland tariff threat triggered a global sell-off, with the S&P 500 plunging 2.1%, evaporating $1.2 trillion. The BTC-Gold ratio RSI fell to 30, reaching the bottom levels of 2015, 2018, and 2022 bear markets, indicating a possible rebound.
MarketWhisper·17m ago