You’d think with the US government finally reopening, Bitcoin (BTC) would catch a break, right? Nope. Over the last 12 hours, the price has been brutal, sinking to a new low we haven’t seen in months.
It’s crazy because just three days ago, we were sitting pretty above $107,000. That was when Trump basically hinted the shutdown was over and promised those $2,000 tariff checks. But Bitcoin just couldn’t hold onto that positive vibe and quickly slid back to $103,000. It tried to stage a little comeback on Wednesday, hitting $105,000, but then the sellers just dumed the market, especially on Thursday. When the President actually signed the bill to reopen the government, we saw a tiny initial bounce, but then everything just crashed.
Docotr Profits Warning
In under a day, Bitcoin lost a massive $8,000+! Now it’s struggling below $97,000, which is the lowest it’s been since the beginning of May. And if that wasn’t bad enough, “Doctor Profit” who’s been yelling about a crash for weeks, thinks we haven’t hit bottom yet. He’s predicting another big drop, possibly down to the $90,000 to $94,000 zone.
This bitcoin crash is creating a large hustle in traders. The ballon of growth has bursted. Cryptocurrency fear index has fallen to 15, its lowest level since 4 March,” Alex Kuptsikevich, FxPro chief market analyst, said and warning it could be an “alarming” signal of things to come.
Manomay Mane is a passionate computer engineering student and technology enthusiast based in Satara, India. He founded Insider of Crypto — a professional crypto blog dedicated to providing trusted insights, tutorials, and the latest updates from the blockchain and cryptocurrency world. Also it provides general news, Political News,Business News, Sports News, Entertainment News, Educational News, Health News, Science and Technology News, Environmental News, International News,Local, Regional NewsCrime, Weather News,Cultural News.
Driven by curiosity and a strong technical foundation, Manomay focuses on simplifying complex crypto concepts, analyzing emerging blockchain trends, and helping readers make informed decisions in the digital economy.When he’s not studying computer systems or exploring blockchain technology, he enjoys researching web performance optimization, AI trends, and new ways to enhance user experience on the web.
Instagram :- @manomaymane
Location: Satara, Maharashtra, India
Website: https://insiderofcrypto.com
