Why did Bitcoin drop today to 85 thousand dollars?
Bitcoin dropped today unexpectedly to around 85 thousand dollars following a wide selling wave driven by concerns over tightening global monetary policies and increased investor appetite for liquidity. This decline coincided with reports of some major funds reducing their exposure to cryptocurrencies, in addition to short-term wallets moving to take profits after recent rises. Statements from international financial officials regarding the risks of 'uncontrolled volatility' in digital currencies also contributed to the increased tension in the market.
Despite the current turmoil, international financial institutions see Bitcoin as still part of major economic shifts, but they expect strong volatility to continue in the coming months, especially with the anticipation of interest rate policies and movements from institutional investment funds. Some reports discuss the possibility of regaining an upward trajectory if the global risk environment improves, while long-term forecasts remain tied to the expansion of technology adoption and regulatory frameworks.
