Bitcoin hovered around $95K, holding most of last week’s losses to remain near its lowest level since early May as broad risk-off sentiment weighed on global markets. The cryptocurrency has wiped out more than 30% of the gains it posted earlier this year, as the early-year optimism driven by the Trump administration’s pro-crypto stance fades. Investor confidence was shaken after Trump’s tariff announcements triggered sharp market liquidations in October, leaving Bitcoin and the wider crypto market struggling to recover. The selloff left a lasting impact on sentiment, holding institutional buyers back and removing the flow-driven support that had fueled gains earlier this year. The pullback has been compounded by a cooling in high-flying technology stocks, which dampened overall risk appetite, while smaller, less liquid tokens have suffered even steeper losses.
