$BTC

Bitcoin's sharp drop, down 3.7% to $83,266, stems from multiple factors. SpaceX reportedly sold its Bitcoin holdings, while fears of U.S. interest rate hikes and rising bond yields have shaken investor confidence. Liquidations of long positions and Mt. Gox’s repayment announcement have further pressured prices. Future predictions for 2025 vary: Goldman Sachs sees Bitcoin at $100K, Morgan Stanley at $50K-$80K, JPMorgan at $150K, Bloomberg at $200K, and Bank of America at $70K-$120K. Institutional adoption, monetary policies, and liquidity will shape Bitcoin’s future. Market uncertainty remains high. #CryptoMarketWatch #BTC #MarketPullback