#MarketTurbulence Market turbulence refers to periods of significant and often rapid fluctuations in financial markets, characterized by increased volatility, unpredictable price swings, and shifts in investor sentiment. It can be triggered by various factors, including economic downturns, political instability, technological advancements, or changes in consumer behavior. Essentially, it's a state of heightened uncertainty and instability in the market.
Bitcoin’s sharp drop below $118,000 sent shockwaves through the crypto market on Thursday, as inflation data spooked investors and triggered over $1 billion in leveraged liquidations.
The steep decline came after Bitcoin’s recent rally to multi-month highs, raising questions over whether the bull run can sustain its momentum.