Bitcoin Price Drop Sparks Concern Over US Tariffs and Negative Sentiment

Bitcoin's recent price drop has led to increased concern among investors and traders. On Monday morning, the cryptocurrency briefly fell below $65,000 due to renewed uncertainty over US tariffs and broader risk-off sentiment across global markets.

The decline in price also caused a significant spike in negative sentiment, reaching its worst level in two weeks. However, the sharp drop in Open Interest (OI) may indicate that leverage has been reduced alongside price, suggesting a potential rebound in the coming days.