The brief glimmer of optimism that propelled #Bitcoin above US$97,000 last week seems to be fading. BTC was recently trading at US$91,000, erasing the gains that had led traders to anticipate a possible trend reversal.

The pullback comes amid a broader risk aversion movement in the markets. The new tariffs from President Donald Trump on European nations due to Greenland's pursuit by his administration have spooked investors, sending capital towards safe havens like gold, which reached a new record of US$4,700 an ounce.