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The Bitcoin price crash continues, with the bellwether cryptocurrency dropping below $78,000 and potentially heading toward $70,000 or lower. Market analysts warn that if macroeconomic conditions worsen, Bitcoin could see a 70%+ drop, echoing past crashes.
🔻 Trade War Fears: Trump’s aggressive tariff policies on China, Canada, and Mexico are fueling economic uncertainty, affecting risk assets like Bitcoin.
🔻 Inflation & Market Turmoil: Concerns over stagflation and the US deficit have shaken investor confidence.
🔻 Institutional Liquidations: Large-scale sell-offs from Bitcoin ETFs and leveraged positions—such as **MicroStrategy’s strategy—**are intensifying the downturn.
Crypto skeptic Peter Schiff predicts that Bitcoin could retest $50,000, contradicting earlier claims from Galaxy Digital’s Mike Novogratz that BTC would never go below $55,000 again.
Despite the bearish sentiment, history suggests that Bitcoin always bounces back, eventually making new all-time highs. Investors who time the dip correctly could see massive gains. Meanwhile, institutions like Citadel Securities are entering crypto, signaling long-term confidence.
📌 Bottom Line: Bitcoin may be struggling, but fiat is in an even bigger bind—making crypto’s long-term future still promising.
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