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Bitcoin Sees Largest Net Taker Volume Drop Of 2025 – Traders React To Trump-Elon Clash

  • Bitcoin experienced a 5% pullback following a clash between Elon Musk and US President Donald Trump, leading to the largest net taker volume decline of the year on Binance.
  • Market participants are closely monitoring Bitcoin's movement after rebounding from the $100,000 support level, showing resilience amidst recent volatility.
  • The political drama and macroeconomic uncertainties have injected new volatility into the crypto space, with rising US bond yields and global tensions impacting market sentiment.
  • Bitcoin's price action is currently testing key levels, with resistance between $104,600 and $107,000, and traders awaiting a potential breakout or correction.

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