Why Bitcoin’s Price Dropped – Short Version
Bitcoin’s price has fallen recently due to several key factors:
Global Economy: Rising inflation and interest rates push investors away from risky assets like crypto.
Regulations: Stricter rules worldwide create uncertainty, causing sell-offs.
Market Sentiment: Fear, panic selling, and negative news can quickly drop prices.
Technical Factors: Leverage trading, liquidations, and large Bitcoin sales on exchanges amplify declines.
Correlation with Stocks: Bitcoin often follows global market trends, especially tech stocks.
Speculation: Short-term trading and algorithmic bots increase volatility.
Global Events: Wars, sanctions, or political instability affect investor confidence#btc $BTC