Weekly On-chain Report: US tariffs shift sentiment, exchange reserves drop as Bitcoin falls sharply

Bitcoin (BTC) has fallen below 106,000 USD, with investor sentiment turning fearful as profits wane. The crypto market’s response to US tariffs has led to a decline in exchange reserves as assets shift to long-term storage.

The Mean Dollar Invested Age metric indicates older coins are circulating again, potentially driving future growth. Key support levels are identified, with critical attention on market stability as tariffs fluctuate.

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