Bitcoin Hits Three-Month Low Following 4% Market Slide

Bitcoin fell to its lowest valuation in 90 days following a 4% price decline within a 24-hour window. The slump in the world’s largest cryptocurrency triggered a broader sell-off across the digital asset market, as liquidations and shifting macroeconomic sentiment weighed on investor confidence. Market Liquidation Accelerates The 4% slide pushed Bitcoin below key technical support levels that had remained intact since the previous quarter. Market data indicates that the sudden price movement resulted in the liquidation of millions of dollars in leveraged long positions across major global exchanges. This downward pressure was mirrored across the top ten digital assets by market capitalization, with Ethereum and other major altcoins recording synchronized losses. Trading volume surged during the descent, suggesting a high level of exit activity from both retail and institutional participants. The breach of the three-month low marks a significant shift in market structure, reversing gains made during the recent period of price consolidation. Macroeconomic Pressures and ETF Outflows Analysts point to a combination of factors driving the volatility, including uncertainty regarding…