BTCUSD

Cryptocurrencies are among the products most affected by global risk-off scenarios due to their position as the riskiest asset class. Geopolitical tensions have also pressured Bitcoin, pushing it well below the critical pivot level of 100073.29. With the continuation of the weak trend, the supports at 96797.54 and then 94848.29 may come into focus. Without a correction in the global risk perception, any upward movements will remain weak.