$BTC

Bitcoin (BTC) recently saw a decline due to a mix of market factors. Investor sentiment turned cautious after stronger-than-expected U.S. economic data raised fears of prolonged high interest rates, reducing appetite for risk assets like crypto. At the same time, large BTC holders, or "whales," reportedly moved coins to exchanges, signaling potential selling pressure. Regulatory uncertainty also played a role, with global authorities tightening scrutiny on crypto platforms. Additionally, a stronger U.S. dollar made BTC less attractive to international investors. These combined elements triggered profit-taking and panic selling, accelerating the drop. While corrections are normal in crypto markets, staying informed and managing risk is key in such volatile conditions.