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12 de may. de 2025The price of Bitcoin fell to its lowest level in over 16 months on Thursday as a massive sell-off in digital assets continued. The impact could have been birthed from geopolitical 20 de abr. de 2025Key Takeaways Bitcoin has softened fallen from $30,000 to close to $28,000 Our head of research looks into the data, arguing the move should not be a surprise Bitcoin’s The price of Bitcoin (BTC) dipped below the $29,000 mark for the first time since June 21, registering a new monthly low. This decline comes as investors and traders anticipate the upcoming Federal Its recent rally has been strong enough to breach the $30,000 benchmark. However, this rally appears to have been short-lived, as the cryptocurrency’s value has taken a 2.9% dip over the 19 de abr. de 2025The slide led to a sell-off in the broader crypto market, with ether (ETH), polygon (MATIC) and dogecoin (DOGE) all falling by about 5% in the past 24 hours and solana (SOL) 20 de abr. de 2025Despite some temporary optimism that Bitcoin was decoupling as investors fled a collapsing (fiat) bakning system for the safe haven that is Bitcoin, the orange coin is very much 19 de abr. de 2025Bitcoin (BTC) led the broader digital assets markets in a sharp decline in Wednesday's early European trading session. The flagship asset printed a series of minor red

Bitcoin Falls to 29k Range as Market Witnesses Sell-Off: What's Happening?

Bitcoin (BTC) has dipped below the $29,000 mark, registering a new monthly low. The price of Bitcoin fell to its lowest level in over 16 months on Thursday, 12 de may. de 2025, as a massive sell-off in digital assets continued. This decline comes as investors and traders anticipate the upcoming Federal Reserve announcements.

Bitcoin's Price Drop: Key Takeaways

On 20 de abr. de 2025, Bitcoin softened, falling from $30,000 to close to $28,000. Our head of research argues the move should not be a surprise. Its recent rally had been strong enough to briefly breach the $30,000 benchmark. However, this rally appears to have been short-lived, as the cryptocurrency's value has taken a dip. The orange coin is very much correlated with the broader market despite temporary optimism it was decoupling as investors fled a collapsing (fiat) banking system.

Broader Crypto Market Impact: Sell-Off Spreads

The slide in Bitcoin's price led to a sell-off in the broader crypto market on 19 de abr. de 2025. Ether (ETH), Polygon (MATIC), Dogecoin (DOGE), and Solana (SOL) all fell. Bitcoin (BTC) led the broader digital assets markets in a sharp decline in Wednesday's early European trading session, printing a series of minor red days.

Potential Causes and Analysis

The impact of the Bitcoin sell-off could have been birthed from geopolitical tensions and broader market anxieties. We are analyzing the data to provide further insights into the driving forces behind this market correction.

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