Steve Weiss trims Bitcoin holdings again amid market uncertainty

American investor Steve Weiss has further reduced his exposure to Bitcoin due to the price movement linked to the active range.

Express themselves as a contributor to “CNBC half-time report», Weiss revealed another series of benefits from his Bitcoin (BTC) Position via the BlackRock Stock Exchange Fund, while the financial markets navigate on macro-motivated volatility.

Weiss, founder and partner director of Short Hills Capital Partners, said that he had reduced his Exposure to Bitcoin by an additional 10%, after Sale of 20% last week. The size of his position remains clear, but he previously described his Bitcoin investment as a “positive trade”.

The investor cited uncertainty in the financial markets, probably due to the commercial wars and the prices imposed by the Trump administration. He noted that cryptographic markets have stalled in this environment and require a catalyst for their next move. He said:

Bitcoin is a risk asset. We have seen that in the pre-market when the future has increased and now it is down … It goes through these periods of consolidation and I think that could be one of these periods, until we obtained specific laws / regulations of the new head of the dry.

Mark Uyeda, acting president of the American securities commission and exchange, said the agency’s intention to dispel cryptographic regulatory confusion and work with the industry to clarify the rules. While it was still at the start of the Trump era, Uyeda’s SEC launched a working group dedicated to cryptography and revised the unit against the crime of the commission crypto.

The securities guard dog has also ended disputes against Jamming,, OpeneseaAnd Robin. Many expect the dry officially drops its file against Binance as well.

Elsewhere on cryptographic markets, Bitcoin dropped by less than $ 95,000, down almost 2% in 24 hours from press time. The wider market of cryptography has also lost value, falling to around 3.2 billions of dollars. A note shared by Ryan Lee, Bitget Research chief analyst, has identified two key levels for a possible upward trend or more inconvenience.

Bitcoin is negotiated about $ 96,000 on February 24, 2025, with a scheduled range of $ 92,000 at $ 105,000 this week. Its movement depends largely on whether it can exceed the resistance of $ 100,000 or trace at $ 94,000. The technical indicators have mixed signals, with a short -term bullish momentum competing with a longer -term market uncertainty.

Ryan Lee, Bitget Research chief analyst