Bitcoin Price Plunges Below $65k Amid Whale Selling and Trade Policy Uncertainty

Bitcoin's price has fallen significantly in the past 24 hours, dipping below $65,000 due to a combination of factors. Large holders, or 'whales,' have continued to sell their cryptocurrencies, putting downward pressure on the market. This selling activity is particularly concerning given the current uncertainty surrounding US trade policy.

The U.S. Supreme Court's recent decision to strike down President Trump's trade tariffs has led to renewed upheaval in global trade relations. The subsequent announcement of new tariffs by President Trump has added to the market volatility, with investors growing increasingly cautious about the potential impact on global growth and liquidity conditions.