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Will Bitcoin crash below 90k$?
As of February 25, 2025, Bitcoin (BTC) is trading at $89,064, having recently dipped below the $90,000 threshold. This decline is influenced by several factors:
- Geopolitical and Economic Concerns: Since President Donald Trump's inauguration in January 2025, Bitcoin has experienced a 13% drop from $106,000 to $92,000. Analysts attribute this to geopolitical tensions and economic uncertainties associated with the new administration.
- Security Breaches: A significant hack involving the Bybit exchange resulted in a $1.5 billion theft, primarily in Ethereum. This event has shaken investor confidence across the cryptocurrency market.
Despite the current downturn, some industry experts maintain a positive long-term outlook for Bitcoin. Anthony Scaramucci, head of a leading crypto ETF, predicts that Bitcoin could reach $200,000 by the end of 2025, citing increasing institutional adoption and potential U.S. reserves for the cryptocurrency.
In summary, while Bitcoin has recently fallen below $90,000 due to various challenges, projections suggest potential for significant growth in the coming years.
