**Bitcoin Drops Again to US$90 Thousand Following Trump's Tariff Threat**
Bitcoin ($BTC ) has experienced a decline, bringing it back to the trading area of US$90 thousand. This occurred due to a threat from the President of the United States (US), Donald Trump, to countries sending their military to Greenland, imposing a 10% tariff.
One of the factors contributing to this was the outflow from the Bitcoin exchange-traded fund (ETF), which recorded a loss of US$394 million. This indicates the concerns of investors amid rising geopolitical issues.
For information, one long-time investor who has owned Bitcoin since 2014 sold 500 BTC worth US$47.7 million, equivalent to Rp808 billion, on Sunday (18/01). This initiative took place before the asset's price dropped to US$90 thousand.
