“Why is Bitcoin down?”
1. Profit Taking
After recent rallies, many traders lock in profits, which creates selling pressure.
2. Strong US Dollar & Interest Rates
When the dollar strengthens and interest rates stay high, investors move money out of risky assets like crypto.
3. ETF Outflows
If Bitcoin ETFs see net outflows, it usually causes short-term price drops.
4. Whale Selling
Large holders (“whales”) moving BTC to exchanges often signals upcoming sell-offs.
5. Market Liquidations
High leverage in futures gets wiped out during dips, accelerating the fall.
6. No Major Positive News
Without strong bullish catalysts, markets tend to correct naturally.
Simple summary:
BTC is down due to profit taking + macro pressure + ETF flows + leverage flush.
BTC
65,302.72
-2.38%