Quote from: Donneski on Today at 12:59:13 PM

Bitcoin recently experienced a sharp drop of over 6%, hitting its lowest level since the start of the year.

6% is still small correction and let's check how many percent Bitcoin has been down from its ATH?

According to Coinmarketcap, it is -28% from ATH.
Additionally, according to Cryptorank.io, from High to Low prices in 2025 year, it is down 14.6%.

You can have more information with my topic

Bitcoin price history, ATHs and bottoms.
Pay your attention on Bitcoin: Bull Market Correction Drawdowns. If Bitcoin does not make its new record with deepest bull market correction drawdowns in coming months, I believe that it's time for Bitcoin to accumulate and recover.

Quote

The timing collided with Donald Trump’s announcement of sweeping new tariffs, which has seriously left the global markets in serious panic, raised fresh fears of a potential recession and have also prompted widespread sell offs in not just Bitcoin but across the crypto market.

Market always wait for a "reasonable" triggering factor to fall down when it comes to correction time. Covid-19 announcement, Trump's tariff war announcement are only used as factors to trigger the market to fall down or crash.