Bitcoin Experiences Significant Decline Amid Market Selloff
Bitcoin's price has recently hit a four-month low, reaching $76,867 before rebounding to just above $80,000. Despite this slight recovery, Bitcoin has experienced a 14% decline in 2025 and remains 26% below its all-time high. A combination of factors has contributed to Bitcoin’s decline, including investor disappointment over President Donald Trump's announcement of a Bitcoin reserve that lacked plans for active government purchasing. The broader market sentiment has also shifted away from risky assets due to concerns over tariffs and economic slowdown, exacerbating the selloff in digital assets.