Bitcoin (CRYPTO: BTC) falling below the $90,000 level has raised questions over whether the asset is entering a corrective phase, even as on-chain data shows a significant ownership shift.
Bitcoin Correction And Macro Pressure
According to CryptoQuant, renewed tariff policies under President Trump since 2025 have increased macro uncertainty, reduced risk appetite, and added downside pressure on Bitcoin.
During periods of trade tension and tariff escalation, Bitcoin has traded in line with equities, reinforcing its status as a macro-sensitive risk asset rather than a defensive hedge.
Investors have tended to sell …