The post Bitcoin Price Under Pressure: Can the Decline Continue? appeared on BitcoinEthereumNews.com.

After last night’s drop, hypotheses are beginning to circulate suggesting that the risks of further declines in Bitcoin’s price have increased.  The situation is actually complex and uncertain, so it is necessary to proceed with caution with this type of analysis.  However, the risks that the situation will remain challenging for a while are evident.  The Challenging Situation Yesterday, after the US markets closed, American President Donald Trump delivered a speech to the nation.  The main topic was the war in Iran, and specifically, one of the things he said frightened the markets.  In fact, while many were expecting some indication of a possible end to the conflict in the near future, Trump instead stated that he intends to continue for at least another two or three weeks.  Although the stock exchanges were closed, index futures were still being traded, as these are traded virtually continuously.  Specifically, the futures on the main U.S. stock market index, the S&P 500, suddenly recorded a 2.4% drop in just over half an hour. In the following hours, however, it extended the decline to 3.5%, before slightly rebounding and reducing it to 2.8%. It is worth noting that yesterday the S&P 500 trading session closed with an encouraging +0.7%, precisely because the markets were expecting something entirely different from that speech.  Donald Trump once again surprised everyone, and once again poured fuel on the fire, worsening the situation of the markets.  Bitcoin The price of Bitcoin has followed an absolutely mirrored trend. Last night it reached $68,600 before Trump’s speech, but during the night it first dropped to $67,100, and then even to $66,200. The small subsequent rebound brought it back to around $66,400, but further declines cannot be ruled out.  The point is that the macro situation, closely tied to the war in…

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Filed under: News - @ April 2, 2026 12:21 pm