- Bitcoin’s crash to $96K is no ordinary event – it may be just the beginning of what 2025 has in store.
- As investors scramble for safety, will Bitcoin emerge as a haven, or will it retreat?
The broader economic picture is under intense scrutiny once again. Bitcoin [BTC] tumbled from $102K to $96K in just 24 hours – a drop that was far from coincidental.
Instead, it was triggered by a ‘better-than-expected’ U.S. economic report, leaving market makers split: Was this just another ‘speculative’ stunt to shake up the market or does it hint at a looming Bitcoin ‘crash’ in 2025?
Investors flee to safety as fear of Bitcoin crash mounts
Another day, another Bitcoin crash. The line between the two is blurring more each day. Does the report on the 18th of December ring a bell? Just as BTC hit $108K, the Fed’s cautious stance on interest rates sparked a massive sell-off.
The result? Bitcoin tumbled to $91K in under two weeks, and the U.S. 10-year Treasury Yield surged to a six-month high of 4.60%.
Now, a similar pattern is unfolding, and it’s only intensifying. The benchmark 10-year Treasury yield has surged to an eight-month-high, climbing 7.5 basis points to 4.685% – its highest level since April.
No doubt, investors are scrambling to get out of riskier assets and flocking to traditional safe havens like U.S. bonds. The 5% drop in Bitcoin wasn’t limited to the crypto market; it coincided with a significant sell-off across the market, wiping out over $625 billion in U.S. stocks today.
Traders are clearly on edge, acting with “extreme” caution. Even before the Fed signals a rate hike, investors are already betting on a Bitcoin crash, scrambling to protect their profits.
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Author: Ripley G
