Bitcoin: Expert Predicts Crash to $40,000 as China Dumps BTC
It has been a concerning few weeks for a host of global markets. A brewing trade war and increased global tariffs from the US have threatened a host of industries, with the cryptocurrency market potentially poised to take the brunt of it. Indeed, Bitcoin has been predicted to crash to levels of $40,000 as China continues to dump BTC. The ongoing geopolitical tensions have threatened the leading cryptocurrency amid recent action taken by the country. Indeed, it would take the 2025 performance from bad to worse for the asset, as it has failed to break through the $85,000 mark for much of the last month. Source: AP Photo/Mark Schiefelbein Also Read: Ex-SEC Chair Gary Gensler Says Bitcoin Will Last; Most Altcoins Won’t Bitcoin Crash Incoming? Why Experts Say China Could Drive Price to $40,000 The last several weeks have seen tensions rise between the US and China. Although US President Donald Trump has reiterated his confidence that the two sides will get a deal done, experts aren’t s...