Bitcoin struggles near $90K as US tariff fears spook ETF investors

Bitcoin ETFs continue limiting BTC’s recovery as institutional investors have pulled back, “reacting to macroeconomic uncertainties,” such as Trump’s trade tariffs.

Bitcoin’s recent rally above the key psychological threshold of $90,000 proved short-lived, with analysts pointing to ongoing macroeconomic uncertainties and a significant reduction in institutional investments in cryptocurrency markets.

Bitcoin (BTC) staged a near 10% recovery to above $95,000 on March 2 before forming a double-top chart pattern around $94,200 on the daily chart, a setup that indicates an imminent price decline.

Bitcoin bottomed at around $81,400 the following day and has since been struggling to remain above the $90,000 mark, TradingView data shows.

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