Bitcoin’s Volatile Climb Back: Analyzing Recent Price Drops as Potential Catalyst for Growth

Bitcoin’s recent price drop, signaling volatility after hitting new highs, provides insights into its future trajectory. Record-high derivatives open interest fueled by speculation suggests a highly leveraged market, poised for significant volatility. This dip is attributed to several factors including macro pressures like U.S. tariff changes and slowing economic growth in the US, driving risk aversion in global markets.