Qitcoin USD Price & Performance (QTCUSD)

Bitcoin's price has dipped below $87,000, marking a significant drop from its peak of $109,000 last month. Economic concerns, including inflation and trade policies, have triggered a sell-off in the crypto market. Analysts suggest that rising inflation fears and tariff policies are major contributors to this downturn.123

Crypto-related stocks, including Strategy, saw gains after the Federal Reserve maintained its interest rate at 4.25%-4.50%. The decision calmed recession fears, boosting Bitcoin to $85,500. Strategy remains a leading corporate Bitcoin holder, holding 466,226 BTC. Market sentiment improved with this reassurance from the Fed.456

A $1.5 billion hack at crypto exchange Bybit has intensified market volatility. Bitcoin fell to $86,099, with over $1 billion liquidated in trades. The hack, attributed to the Lazarus Group, has shaken investor confidence, prompting a surge in withdrawals and further price declines across the crypto market.672