Bitcoin Price in Dollars: Understand the Reason for BTC's Drop Below US$$ 90 Thousand

The cryptocurrency market is experiencing intense liquidations.

Although former Republican President Donald Trump has shown interest and care for the crypto sector, Bitcoin (BTC) has seen a significant drop, losing 6.1% of its value - the lowest level since November 2024.

This morning (25), the cryptocurrency was traded at US$$ 89.700.

WHY DID BITCOIN FALL?

Experts report that it is a series of factors: imposition of tariffs by the Trump government, the hack of the Bybit exchange and the scandal involving memecoins linked to the president of Argentina, Javier Milei

This has caused investors to seek the liquidation of their assets to invest in traditional markets with more predictability.

Bitcoin liquidations hit the liquidation house surpassing US$$ 1.34 billion.