Top 5 Reason #BTC fall today .
1. Jerome Powell’s Speech - His announcement of a 0.25% interest rate cut, bringing the rate down to 4.5%, was a key trigger.
2. Market Volatility - Market volatility is one of the most significant factors in the crypto crash.
3. Regulatory Challenges - The U.S. is somewhere in between, still figuring out how to classify and regulate these digital assets.
4. Panic Selling - This can lead to significant losses, as selling in a downturn often means selling at a lower price than what was originally paid.
5. Economic Instability - Economic instability is a major factor that can send crypto values tumbling.