Bitcoin Plunges $23,000 in 10 Days: 4 Potential Reasons Behind the Sell-Off

Bitcoin experienced a sudden and significant drop of over $23,000 within just ten days. This marked an abrupt reversal after a period of strong price growth fueled by optimism about Q4 and early 2025’s bull season. The market saw a notable surge following the beginning of October, with BTC reaching an all-time high above $126,000 before entering into a steep decline. Several key factors likely contributed to this sudden downturn: US Political Uncertainty