Bitcoin $84,909.47In February, it caused concern in the markets by experiencing a harsh depreciation. The price fell to $ 78.256 during the week and fell below $ 84,000 at the end of the month. A 25 percent loss of value increased the tendency of investors to avoid risk. Experts say that political, economic and technology -based factors are effective in this decline.
The impact of political and economic factors
New policy changes of the Trump administration in the USA and 25 percent import tariffs planned to be applied to Canada and Mexico have created uncertainty in the markets. These developments combined with inflation data in February and triggered investors’ tendency to avoid risk.
Bitcoin’s harsh decline caused panic sales of individual investors in expensive market conditions. In the US, interest rate hike expectations and liquidity narrowing increased the overall market pressure and led to fluctuation in Bitcoin prices.
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According to analyst Julien Bittel, financial markets limit risk appetite due to tightening liquidity conditions. Risky assets such as Bitcoin are under pressure pressure due to economic uncertainties.
Technology and Regulatory Risks
Decline and regulatory pressures in technology shares were also effective in the decrease in the price of Bitcoin. Despite NVIDIA’s positive financial results, the overall wave of technology shares affected Bitcoin.
In addition, the uncertainty created by the Chinese Deepseek company in the market led investors to move cautiously. The inclusion of Elon Musk in a new project called Doge and disagreements with US regulatory institutions raised additional pressure on the markets.
On-Chain data, which shows that individual investors make intensive sales, show that the market follows a wavy course. According to the data of Santimement, Trump’s latest statements has experienced a rapid increase in Bitcoin transactions.
Technical analysis shows that Bitcoin has a chance to recover if it remains over $ 83,500. However, the price decrease may deepen if it is below this level. It is recommended that investors closely follow the political and economic developments.
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.
