Bitcoin Sees Largest Net Taker Volume Drop Of 2025 – Traders React To Trump-Elon Clash
Bitcoin has shown resilience amid macroeconomic uncertainty, rebounding from the $100,000 support level to around $103,000. A recent political clash between Elon Musk and US President Donald Trump caused a 5% pullback, triggering volatility in the crypto market. Analyst Darkfost noted a significant shift in trader behavior on Binance, with net taker volume dropping from $20 million to -$135 million in under eight hours, marking the largest decline of 2025. This indicates a rapid shift to bearish sentiment among traders. While Bitcoin's current levels are being monitored, a breakout above the $112,000 all-time high could lead to further gains, whereas failure to maintain momentum may result in deeper corrections. Rising US bond yields and geopolitical tensions continue to impact market sentiment.
