TLDR

Bitcoin is down 1.77% to $66,720.87 in 24h, closely tracking a 1.43% drop in the total crypto market cap, primarily driven by renewed macro uncertainty from escalating U.S. trade tariffs.

Primary reason: Renewed tariff escalation and legal ambiguity dampened risk appetite across all assets.

Secondary reasons: Sustained outflows from U.S. spot Bitcoin ETFs and a market-wide sentiment of extreme fear.

Near-term market outlook: If BTC holds above the $66,300–$65,600 support zone, it could attempt a rebound toward $68,300; a breakdown risks a retest of the $64,300–$63,800 area.$BTC ‌