Bitcoin (BTC) pumps mainly due to positive news, institutional buying, strong market sentiment, and limited supply. Events like ETF approvals, large whale accumulation, Bitcoin halving, and overall crypto market optimism create strong buying pressure. When traders see price moving up, FOMO (fear of missing out) increases demand, pushing $BTC higher.
Bitcoin dumps when negative news, profit-taking, or market corrections occur. Regulatory fears, macro-economic uncertainty, whale selling, or sudden panic can trigger heavy sell-offs. Since BTC leads the entire crypto market, emotional trading, fear, and liquidity shifts often cause sharp price drops after strong rallies.
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BTC
67,331.47
-0.43%
