Bitcoin Drops Below $85,000 Amidst Liquidity Concerns and MSCI Uncertainties

Bitcoin experienced a significant dip Monday, falling below the $83,000 mark. This drop was fueled by liquidity challenges, compounded by concerns surrounding the MSCI methodology and macroeconomic instability in Japan over the weekend. While Bitcoin sought stability above $85,000 by Tuesday morning in Asia, it did witness losses of up to 2% for XRP, Ethereum , Cardano , Solana , and BNB. Market experts attribute this decline primarily to shallow order books and an unstable market structure rather than traditional macroeconomic factors.