Bitcoin Dips Below $90K Amid Fading Risk Appetite Ahead of Key Macro Events – Digitap ($TAP) Becomes The “Risk-Off” Banking Crypto Presale Play

The post Bitcoin Dips Below $90K Amid Fading Risk Appetite Ahead of Key Macro Events – Digitap ($TAP) Becomes The “Risk-Off” Banking Crypto Presale Play appeared on BitcoinEthereumNews.com.

Crypto Projects With Bitcoin dipping below $90K as risk tolerance declines, many crypto investors are looking towards Digitap as a hedge against turbulent market conditions. As the US government prepares to release multiple economic data prints, Bitcoin has fallen below $90K. Investors are wary of how the broader market will perform if economic conditions fail to improve. This has led many crypto investors to shift towards coins that offer a margin of safety during uncertain market conditions. Many investors have switched to Digitap ($TAP). The coin has performed remarkably well since the October crash, seeing three price increases. With its focus on utility and built-in deflationary mechanics, investors believe Digitap could be one of the top cryptos to buy for parking capital in a bear market. Uncertainty Fuels Bitcoin’s Bearish Sentiment After briefly crossing the $90K resistance level last week, Bitcoin fell back below it on Sunday. Bitcoin’s liquidity issues persist, with many institutions avoiding the asset until the economic outlook for 2026 becomes clearer. The next few weeks will be pivotal for Bitcoin’s price, as the US government plans to release a series of economic data releases that will provide insight into where interest rates could go next. Investors will be looking at the unemployment rate, weekly jobless claims, November inflation data, and December flash PMI readings (along with other metrics) to understand where Bitcoin’s price will move next. Additionally, the Bank of Japan is expected to announce whether it will increase rates this week. While it is believed that an interest rate increase has been priced in, higher rates will impact yen-funded carry trades. This could potentially further reduce liquidity for riskier assets such as Bitcoin. Major Freefall Expected if Bitcoin Breaks Major Support Level Technical factors are another reason for Bitcoin’s bearish sentiment. Every single moving average…