#BitcoinTreasuryETF

Why Is Bitcoin Going Down?

And as mentioned, record-high volumes are occurring against the backdrop of significant Bitcoin declines. BTC price has fallen sharply in February and March 2025, dropping from a peak of $109,000 in January to around $77,000 this week, as a mix of economic uncertainty and crypto-specific pressures weigh on the market.

Analysts point to global trade tensions, sparked by US President Donald Trump’s imposition of tariffs on Canada, Mexico, and China, as a key driver, fueling fears of inflation and prompting investors to pull back from riskier assets like cryptocurrencies. The broader crypto market has shed nearly half a trillion dollars in value since early February, according to CoinGecko data.

Adding to the downturn, disappointment over Trump’s Strategic Bitcoin Reserve plan—initially hyped as a potential boost for Bitcoin—has soured sentiment. The reserve, unveiled in early March, will use existing government-seized Bitcoin rather than new purchases, dashing hopes of fresh capital inflows.

Meanwhile, US-listed Bitcoin exchange-traded funds (ETFs) have seen outflows exceeding $3 billion in February alone, reflecting waning investor confidence. A $1.5 billion hack at the Bybit exchange last month has also rattled nerves, amplifying volatility in an already fragile market.

Ethereum, the second-largest cryptocurrency, has fallen over 50% since the January high to $1,900, hitting its lowest level since 14 months.

Will Bitcoin Fall to $70,000? Experts Say: YES

Although Bitcoin's price is currently holding above the $80,000 level, which appears to act as psychological support, it remains below the 200-day EMA, suggesting that bears have the upper hand. Furthermore, the 50-day EMA is about to cross below the 200-day EMA, forming a long-term sell signal known as a death cross.

source: https://www.financemagnates.com/cryptocurrency/bitcoin-price-is-dropping-the-most-since-2022-but-finery-markets-reports-record-18b-volume/