The main reasons behind the recent decline in Bitcoin price $BTC :

- Massive Liquidation: The market witnessed massive liquidation of trading positions, leading to selling pressure that pushed the price down.

- Economic Concerns: New economic policies in some countries, such as the imposition of tariffs, have affected investor confidence in digital assets.

- Outflows from Investment Funds: Bitcoin funds experienced large withdrawals in recent days, leading to decreased demand and thus a drop in price.

- Political Influence: Recent statements by some political leaders regarding the future of the global economy have influenced investors' decisions, driving them to seek more stable assets.