Bitcoin Plummets to $82,000 as Macroeconomic Pressures Mount

The cryptocurrency market is reeling from a significant downturn, with its flagship asset, Bitcoin, experiencing a sharp decline. The digital currency has shed nearly 9% of its value within a 24-hour window, decisively breaking below the psychologically significant $90,000 threshold. What initially appeared to be a standard market correction has rapidly escalated into a full-scale sell-off, sending shockwaves across the entire digital asset landscape. Investors are now grappling with a critical question: is this a healthy market breather or the start of a more prolonged bearish phase?

The price collapse has triggered a cascade of forced closures in leveraged trading positions. Data reveals that approximately $2 billion in positions were liquidated over a single Read more...