Bitcoin has recently tumbled to a near two-week low, reflecting mounting investor caution amid fears of more severe trade tariffs under U.S. President Donald Trump and growing concerns about a U.S. recession. Recent on-chain data further fueled this decline, as approximately 4,000 Bitcoins (about $332 million) were transferred onto Kraken—a move often seen as a precursor to a potential sale.
Bitcoin’s Price Decline:
Dropped 1% to $82,045.2 by 01:36 ET (05:36 GMT), briefly hitting a low of $81,300.
Trade Tariff Uncertainty:
Concerns are rising as Trump contemplates broader reciprocal tariffs targeting up to 25 countries, with individual tariffs possibly set at 20%.
Recession Fears:
Goldman Sachs forecasts a higher probability of a U.S. recession in 2025, intensifying risk aversion across markets.
On-Chain Activity Warning:
The transfer of 4,000 BTC to Kraken suggests that large holders may be positioning for a sale amid a risk-off environment.
Recent reports indicate that President Trump is considering imposing broader and more aggressive tariffs on major U.S. trading partners. The uncertainty around these measures is adding to market stress, particularly in risk-driven assets like Bitcoin. Investors worry that such policies could destabilize global trade and further dampen economic growth, exacerbating the challenges already faced by speculative assets.
In addition to tariff concerns, rising fears of a U.S. recession have put additional pressure on Bitcoin. With Goldman Sachs now forecasting a higher chance of an economic slowdown in 2025, market sentiment has shifted sharply toward safety, leading investors to pull back from volatile assets.
Data from on-chain analytics revealed that approximately 4,000 BTC, worth around $332 million, were moved onto Kraken in the past two weeks. Such transfers typically precede selling activity, further adding to bearish sentiment in the market.
Investors can track these critical market trends using real-time data resources:
Crypto Currency Free API
Access up-to-date Bitcoin price movements and on-chain transaction volumes to monitor shifts in market sentiment.
Economics Calendar API
Stay informed about key economic events—such as non-farm payrolls and inflation data—that can influence U.S. recession risks and broader market stability.
Bitcoin’s recent slide to near two-week lows underscores the market's sensitivity to geopolitical uncertainty and economic headwinds. With Trump's potential for broader tariffs and heightened recession fears looming, investors are increasingly cautious, as evidenced by significant on-chain sell signals. As always, staying informed with real-time data will be crucial in navigating these volatile times.
