BitShares USD Price & Performance (BTSUSD)

Bitcoin's price dropped below $90,000, marking a significant downturn from its record highs. This decline triggered over $1 billion in liquidations and highlighted bearish sentiment in the market. Analysts point to macroeconomic factors, including geopolitical tensions and tariff announcements, as key drivers behind this sharp downturn.12

Bitcoin's recent struggles, including a dip to $83,700, reflect weak investor demand and bearish technical patterns. The cryptocurrency's apparent demand has turned negative, and valuation metrics suggest further downside risks. Analysts warn that Bitcoin could face additional corrections if key support levels fail to hold.34

A sharp selloff in global markets has dragged Bitcoin to $78,000, a 27% drop from its January peak. Crypto and stock markets have collectively lost $6 trillion in value over recent months. Analysts highlight a growing correlation between asset classes, driven by risk-off sentiment among investors.45