The biggest crypto currency Bitcoin $89,051.77Fell hard on February 25 to the level of 86 thousand 800 dollars. This decrease triggered fear in the crypto money market and created a market feeling that reached the level of “extreme fear”. Cryptoquant According to the data, short -term investors sent 37 thousand 400 BTC to the stock market to avoid loss. So, what’s the reason for this sales wave?
Why Bitcoin and Altcoins Fell?
Hard drop in Bitcoin, Altcoin marketIt also affected it negatively. Ethereum (ETH) 
$2,488.87 And XRP 10 percent, Binance Coin 
$626.97 (BNB) lost 4 percent. Solana (left) was one of the most damaged Altcoins with a 12 percent drop and was forced to maintain $ 140. Coinglass According to the data, the position of $ 1.5 billion in the last 24 hours was liquidated. 1.38 billion dollars of this amount has created long positions.
Crypto Money MarketAs a reason for this wave of sales, the US President Donald Trumpshowing new tariffs for Canada and Mexico. According to QCP Capital, Trump’s economic policies pushed investors to avoid risk and created a negative atmosphere in the markets.
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Can Bitcoin fall even further?
In Bitcoin, the slimming in demand attracts attention. Cryptoquant data shows Bitcoin that the demand for the first time since October 2023 has passed to the negative area. Especially since December, there is a significant decrease in demand.
Bitcoin’s futures returns (CME Basis Yield) are at low levels. Arthur Hayes such as market experts such as these returns fall further. BTC He warns by stating that he could continue his sale.
Bitcoin, 86 thousand dollars of 20 percent decrease in the level of 20 percent, but the rise of the market structure has not yet changed. However, if the price will make a daily closing below this level, the rise market structure may deteriorate and a deeper sales pressure may be encountered.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
