Bitcoin today: BTC drops to $91,000 amid geopolitical pressures

Source: PortaldoBitcoin Original Title: Bitcoin Today: BTC Drops to US$ 91,000 Amid “Geopolitical Noise” Original Link: The decline of Bitcoin observed at the beginning of the week continues on this Tuesday, with the cryptocurrency falling another 2% today, to US$ 91,148. In reais, BTC drops below R$ 500,000 and is now worth R$ 489,904.

The numbers are the result of a strong liquidation that affected BTC, driven by increased trade tensions between the US and Europe, which resulted in over US$ 865 million in liquidations.

According to a report released by digital asset manager ZeroCap, “the market recovered relatively quickly, with Bitcoin finding support in this range, suggesting strong underlying demand and that much of this macro noise is already priced in.”

The company’s analysts compared the current scenario to an “early-stage risk rotation,” highlighting that robust structural flows of spot Bitcoin ETFs are proving to be more durable than short-term positions.

The long-term outlook for Bitcoin’s price remains technically constructive, according to some analysts, as sustained ETF flows offset short-term volatility.

Caution in the crypto market

Despite last week’s net ETF flows reaching the highest level in three months, other analysts still show caution.

“I think short-term volatility will prevail,” said Sean Dawson, head of research at the on-chain options platform Derive, pointing to the 25-delta skew decline as evidence that investors are increasingly buying put options to hedge against drops.

Nevertheless, investors need to be aware of three macroeconomic and geopolitical catalysts that could keep volatility high in cryptocurrencies and financial markets in general.

These include the trade dispute between the US and Europe, the delay in regulatory decisions by the CLARITY Act, and the pending Supreme Court decision on the legality of the global tariff policy.

The trade dispute intensified when messages were exchanged between international leaders. The Norwegian Prime Minister reaffirmed Norway’s position and reiterated support for NATO, which, according to him, is “taking measures” to strengthen security.

As a result, pressure increased to assert trade control, with threats of imposing tariffs of up to 25% on imports from various European countries starting in February if they do not back down from their objections.

“Historically, tariff threats and retaliatory measures have created significant obstacles for digital assets and other risk assets,” said Farzam Ehsani, CEO of a crypto trading platform.

“The market now considers the possibility that a prolonged escalation could harm previous trade agreements, strain international relations, and increase pressure on risk assets. The initial signs of on-chain stabilization have not yet offset the macroeconomic headwinds affecting digital assets.”