why BTC downwards again today #SaylorBTCPurchase #TradeStories As of May 13, 2025, $BTC Bitcoin (BTC) is trading at approximately $103,388, reflecting a decline of about 1% over the past 24 hours.
Several factors have contributed to this downturn in the $BTC Bitcoin market:
1. Profit-Taking After Recent Gains: Bitcoin recently surged above $105,000, buoyed by a temporary 90-day pause in U.S.-China tariffs. However, this rally was short-lived, as traders quickly moved to secure profits, leading to a price retreat.
2. Anticipation of U.S. Inflation Data: Investors are exercising caution ahead of the upcoming U.S. Consumer Price Index (CPI) release. Concerns that higher inflation could prompt the Federal Reserve to maintain or even raise interest rates are causing unease in riskier asset classes like cryptocurrencies.
3. Significant Liquidations in the Futures Market: The recent price drop triggered over $500 million in long position liquidations across various cryptocurrencies, including nearly $200 million in Bitcoin futures. Such forced sell-offs can exacerbate downward price movements.
4. Shift in Investor Sentiment: While equities have responded positively to the tariff truce,Bitcoin's gains were fleeting. This divergence suggests that investors may currently favor traditional equities and alternative cryptocurrencies over Bitcoin.
In summary,$BTC Bitcoin's recent decline is attributed to a combination of profit-taking, macroeconomic uncertainties, significant futures market liquidations, and a shift in investor sentiment towards other asset classes.
Bitcoin is once again making headlines as it experiences a notable upward trend, buoyed by renewed investor interest and favorable market dynamics. As of mid-May 2025, $BTC Bitcoin has climbed past the $70,000 mark, rekindling hopes of a sustained bull run.