#MarketPullback The recent decline in Bitcoin’s price is attributed to several macroeconomic and geopolitical factors. One of the main causes is the US Federal Reserve’s tight monetary policy, which maintains high interest rates to combat inflation. This makes investments in risky assets like Bitcoin less attractive. At the same time, signs of a global economic slowdown and growing concerns about a potential recession have increased risk aversion among investors. The strength of the US dollar has also contributed to this trend, making cryptocurrencies less attractive to foreign investors. Finally, geopolitical tensions and concerns about cryptocurrency regulation have exacerbated volatility, creating a climate of caution in the markets. These combined elements have led to a significant drop in Bitcoin’s price, increasing uncertainty about its short-term future.