Bitcoin's price is under pressure, dropping from $116,000 to $110,000, as geopolitical tensions between the United States and China intensify. The US Dollar Index has reached a five-month high, adding to the market's volatility. China has imposed sanctions on five US units of Hanwha Ocean, while Trump has threatened to impose 130% tariffs on Chinese goods. Wall Street analysts from Evercore, Morgan Stanley, and JPMorgan have issued warnings about a potential stock market crash, which could further impact the cryptocurrency market. Bitcoin treasury companies have reduced their purchases, and ETF inflows have slowed, with $335 million in outflows reported on Monday, signaling potential further downside for Bitcoin.