TechFlow news, on February 27, according to Jinshi Data, Bitcoin remains below $90,000 per coin. Susannah Streeter, analyst at Hargreaves Lansdown, said in a report that speculators betting on a strong rebound in Bitcoin are being disappointed as the cryptocurrency market continues to be weighed down by negative sentiment. Trump's tariff threats have driven investors away from risk assets, while the recent hack of the Bybit cryptocurrency exchange has further unsettled investor sentiment.
Although Bitcoin has recovered slightly, given how rapidly it declined, there is still significant room for an upward recovery. "If Trump doesn't take any firm action to demonstrate his support for the cryptocurrency industry, nervousness is likely to persist."
