$BTC Bitcoin ($BTC) has experienced notable volatility recently, dropping to four-month lows around $74,000 before recovering slightly to trade near $78,000. This decline occurred amid a broader sell-off in global markets, driven in part by rising trade tensions and concerns over tariff policies.

Despite the recent drop, Bitcoin remains the largest cryptocurrency by market capitalization, currently hovering around $1.5 trillion. Its limited supply of 21 million coins and decentralized nature continue to be key points for its advocates as a store of value and a hedge against inflation.

The market is closely watching key support levels, with analysts pointing to areas around $74,000 and the demand zone of $65,000-$69,000 as important. The future price action of Bitcoin is likely to be influenced by macroeconomic factors, investor sentiment, and any regulatory news in the cryptocurrency space.