#BTCbelow100k The fall of Bitcoin (BTC) is due to a combination of global factors and specific ones related to the crypto market. Its price has dropped significantly, falling below $100,000.
Global geopolitical tensions, such as current conflicts, are driving risk aversion, leading investors to seek safer assets and moving away from cryptocurrencies. Additionally, the imminent expiration of BTC options may generate increased volatility.
There have also been net outflows from Bitcoin spot ETFs in the U.S., suggesting lower institutional confidence and selling pressure. The overall market sentiment is cautious, with investors taking profits after periods of increase, and weakness has spread to altcoins. Concerns about Federal Reserve policies and inflation also contribute to the uncertainty.