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Bitcoin prices traded close to $92,000 on January 19, after the digital currency declined in response to concerns about tariffs involving the U.S. and European Union.

Bitcoin steadied after a sharp selloff, with analysts citing ETF inflows as support for its longer-term outlook despite macro shocks.

The wallet accumulated its bitcoin between December 2012 and April 2013, when it traded as low as $13 to a peak of approximately $250.

Why is crypto down today? BTC USD drifted to the $92,000 area, and ETH USD got hit harder, now under $3,200. The mood and sentiment changed fast as liquidations broke this year’s record, screens turned red, and we got caught off guard. Close to $800 million in leveraged long bets …

A long-dormant bitcoin wallet moved 909 BTC, now worth more than $84 million, to a new address after over 12 years of inactivity.

The 10-year U.S. Treasury yield has climbed to 4.27 percent, a four-month high that raises borrowing costs across the global economy.

Traders on Derive are pricing a 30% chance of BTC falling below $80,000 by the end of June.

Ether is the worst performer among the major cryptos, down more than 6% over the past 24 hours and tumbling below $3,000.

Traders on Derive are pricing a 30% chance of BTC falling below $80,000 by the end of June.