Bitcoin Plummets Below $90K: Understanding the Causes of the Crypto Market Crash
Bitcoin suffered a significant drop below $90,000 on February 25, 2025. Prices dipped to $87,630 as the crypto market faced turmoil. A recent announcement by former President Trump regarding tariffs triggered intense reactions in the market. Furthermore, a considerable hack on Bybit added to the uncertainty. Continuous outflows from Exchange-Traded Funds (ETFs) contributed to the market-wide sell-off, forcing many investors to reevaluate their positions.