Bitcoin Magazine Bitcoin Price Crashes Toward $102,000 as Wall Street Gains, Crypto Reverses

Bitcoin price fell sharply to the $102,000s range on Tuesday, extending losses from a 24-hour high of above $107,000.

Throughout the day, Bitcoin price bled down as traditional markets saw significant gains. Bitcoin initially rallied on the news of government reopening and a potential tariff check but quickly reversed as broader risk sentiment turned mixed.

At the time of writing, Bitcoin’s price is around $102,636, hovering near key psychological support at $99,000.

The Bitcoin price came amid President Donald Trump’s unveiling of a proposed $2,000 “tariff dividend” check for Americans — a populist rebate funded by record tariff revenues. Announced Sunday on Truth Social, the plan promises to

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