<ul><li>Bitcoin failed to retake the $110k mark, resulting in a significant selloff in the crypto market.</li><li>One of the reasons for the selloff was the Fed's decision not to cut rates as expected, leading to profit-taking and risk deleveraging among traders.</li><li>Uncertainty stemming from President Trump's tariffs on imports has also impacted the crypto market, with a trade war dynamic causing disruptions.</li><li>Technically, Bitcoin's behavior aligns with the market conditions, with the potential for a reversal if it does not reclaim the $110k region, alongside bearish signs in technical indicators like RSI.</li></ul>

Crypto Market Down Today: Bitcoin Faced $110k Resistance

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