Reasons Behind $BTC ’s Drop
Technical Breakdown: When $BTC broke the key support level around $92,000, a wave of leveraged positions (investors using borrowed funds) got liquidated automatically — which accelerated the price decline.
Risk-Off Market Mode: Global financial markets are currently facing uncertainty, rising U.S. bond yields, and various risk events. Because of this, investors are pulling money out of high-risk assets like crypto, increasing selling pressure across the market.
Whale/Institutional Selling: Large investors and institutions have been selling $BTC — either to secure profits or to avoid potential losses. This heavy selling from whales has added even more downward pressure on the market.
Market Sentiment and Liquidity Decline: The overall crypto market cap has dropped significantly, which has increased fear among investors. When sentiment turns negative, people tend to sell quickly — creating a chain reaction that pushes prices even lower.
