Reasons For Bitcoin Falling

[bitmover]

So there's this threat around that the hackers would dump anytime soon.
I guess they might want to wait a little till around $100K
I thought the cause was tariff war
Because there was dip also across the stock market.

I don't think bybit hackers have a target price to sell their coins. They robbed billions, 10-20% more or less makes absolutely no difference for them.

They just want clean coins, they would pay whatever to make those coins cleans....

Maybe they are waiting for a good opportunity, new technology, new service, whatever...

[MarcuB]

So there's this threat around that the hackers would dump anytime soon.
I guess they might want to wait a little till around $100K
I thought the cause was tariff war
Because there was dip also across the stock market.

I don't think bybit hackers have a target price to sell their coins. They robbed billions, 10-20% more or less makes absolutely no difference for them.

They just want clean coins, they would pay whatever to make those coins cleans....

Maybe they are waiting for a good opportunity, new technology, new service, whatever...

I don't think the hackers are waiting for a specific price to sell. Their main goal is to clean the stolen coins not maximize profits. They might be looking for the right opportunity like new technology or a loophole to launder the funds. With stronger tracking systems in place, cashing out is getting harder for them. Watching blockchain movements can give clues about their next move.

[CryptoLaila]

One reason has been told many times by users was the hacked ETH from Bybit. They are all dumping before the hackers can dump.

Nope that's not , the impact is minimal (not as a sell   but as a rumor), the major  thing influencing and bringing the market down for now is the tariff war . if truly trump is willing to make a strategic reserve don't you think there would be a need to bring the market down so as to stack up cheaper coins either Bitcoin, Eth, Xrp  or whatever he chooses.

[TomPluz]

...if truly Trump is willing to make a strategic reserve don't you think there would be a need to bring the market down so as to stack up cheaper coins either Bitcoin, Eth, XRP or whatever he chooses.

There is no decision yet when the government will be buying the coins as we know that dealing with the government's budget is never a 1-2-3 process...there is a need for that budget to be approved by Congress so maybe we should be looking into it until next year when there will be a new budget approved where buying the coins for the reserved can be inserted. What we are experiencing right now is a correction phase after Bitcoin made some good run for a new ATH of more than $100K in price....and the market is just using the news on tariff and the Bybit hacking as good excuses. Eventually the market will bounce back though it can be hard to know when that can happen so holders have no choice but to wait, wait and wait.

[Bobcrypto]

One of the major reason for this is Trump's tariff's. Understanding the effects of tariff on investment sentiment is simple. Tariff increase the price of goods, creating global tension and disrupting supply chains. Put together, all this jack up market volatility which is what we are seeing now.

Trump gave the cryptocurrency a big boost by supporting cryptocurrency, but his other decisions also contributed to the market falling. This tariff war is ugly; every country's economy will suffer, and it will have a bad repercussion on every trading market. I think Trump's America first policy gets the better of everything. he despises long time allys in the name of making great America great again.
Time will tell how these things will play out, but not good at the moment.

Yeah the tariffs war is ugly but we have to understand that President Donald Trump is not concerned on cryptocurrency alone, there are other economic sectors, and the world economic and political supremacy will always come in at intervals.
What is currently happening  between the US and other countries might have gone beyond economic trade war, and some of hidden things are sometimes difficult to share for many people to understand.
As a matter of facts, Donald Trump's focus will not be  crypto as his priority, i think cryptocurrency economy is just an addition to the numerous challenges before him. The most important thing, is Donald Trump's support, an open support he has given to the crypto community since his election campaign days till date.

[bitterguy28]

Yeah the tariffs war is ugly but we have to understand that President Donald Trump is not concerned on cryptocurrency alone, there are other economic sectors, and the world economic and political supremacy will always come in at intervals.

yes what he is doing right now is already more than what other presidents are doing in my country cryptocurrency does not even come up in discussions among the government so i think this is already more than what we can ask for this is still a step forward regardless

As a matter of facts, Donald Trump's focus will not be  crypto as his priority, i think cryptocurrency economy is just an addition to the numerous challenges before him. The most important thing, is Donald Trump's support, an open support he has given to the crypto community since his election campaign days till date.

the important thing now is that the government is full of politicians that are crypto friendly and we do not have to worry about sec or other politicians targeting certain crypto projects

[omori]

One reason has been told many times by users was the hacked ETH from Bybit. They are all dumping before the hackers can dump.

Nope that's not , the impact is minimal (not as a sell   but as a rumor), the major  thing influencing and bringing the market down for now is the tariff war . if truly trump is willing to make a strategic reserve don't you think there would be a need to bring the market down so as to stack up cheaper coins either Bitcoin, Eth, Xrp  or whatever he chooses.

Agreed.

Tariffs are the bane for investors who are looking for stability and prosperity down the line.

[memehunter]

This is how market behave nothing special. IMO, corrections are signs of a healthy and efficient market. What are you expecting anyway? Only green candles throughout the chart?     

[Aanuoluwatofunmi]

The market pump in the early by hours of today to $84,000 to later dips down to $78,000 and we don't know where it is heading towards from this time henceforth, but as usual, we have been seeing the market behavior in this manner, but before you realized, it has already pumped as well towards the opposite direction we planned for it, bitcoin is one of the most volatile crypto this time around and we must play safe with our investment to avoid losses, most especially on traders.

[Stuart]

The current situation the market is facing right now is not of any good. The summit we have waited for so far did no much positive effect on the price of Bitcoin and crypto at large. The tariff placed by President Trump on those importing goods into the US, I don't know why this is affecting the crypto market and the price of bitcoin.
If the bitcoin cycle will continue the way it has always been, then this is for the moment.

[enwi]

The current situation the market is facing right now is not of any good. The summit we have waited for so far did no much positive effect on the price of Bitcoin and crypto at large. The tariff placed by President Trump on those importing goods into the US, I don't know why this is affecting the crypto market and the price of bitcoin.
If the bitcoin cycle will continue the way it has always been, then this is for the moment.

The current situation is rather different and does not suit many people’s expectations, particularly those of them who wish to witness the increase of Bitcoin value. Of course, disappointments are rather to be expected for, after all, one has to wait for the results of the meeting that has occurred. However, condition of the crypto market does have its own patterns which is not all that easy to predict. These changes in price may well be within a long term cycles and such movements have also been observed in the past. One can point out many factors arising outside the net but which should be considered to understand the value of digital assets. Still, it’s possible to identify the movement which takes place and make decisions for every plan that is optimal.

[omori]

The current situation the market is facing right now is not of any good. The summit we have waited for so far did no much positive effect on the price of Bitcoin and crypto at large. The tariff placed by President Trump on those importing goods into the US, I don't know why this is affecting the crypto market and the price of bitcoin.
If the bitcoin cycle will continue the way it has always been, then this is for the moment.

Because other markets affect the crypto market too.
And you can imagine the impact from the tariff wars - it's uncertainty at its finest.

[Bobcrypto]

One of the major reason for this is Trump's tariff's. Understanding the effects of tariff on investment sentiment is simple. Tariff increase the price of goods, creating global tension and disrupting supply chains. Put together, all this jack up market volatility which is what we are seeing now.

Even if this Trump tariff challenge does not come in place, the market will always remain volatile and there is nothing new can do about it, the way of how it has always been appearing volatile was a a result of the buying and selling and we can still have more influence from the general economic market, which tells that bitcoin price can be affected by diverse factors, the market will always fall and rise for any reason at any time.

Yeah, actually the buying and selling of crypto assets are the major factors that affect the ups and downs movements of the market prices, but there are reasons behind certain market volatile situations like what has been happening for some weeks, the tariffs war.
Now, for consistency on demands and supply, there should be a good atmosphere or an enabling investments conditions to do business. When there is war, even the economic war, there is bound to be investors fears, and this will lead to poor demands and increasing supply overtimes as far as the war persisted.
In a nutshell, volatility is part of the crypto market but can subside at certain intervals, especially if there is economic challenges.

[Hamza2424]

One of the major reason for this is Trump's tariff's. Understanding the effects of tariff on investment sentiment is simple. Tariff increase the price of goods, creating global tension and disrupting supply chains. Put together, all this jack up market volatility which is what we are seeing now.

Quite an old topic but in current day as well, the market is in a continues third month of downfall, and I'm not having any good feeling while saying that the market will close this time in -ve as well, it would the historic moment the Bitcoin cycle is in a crazy lag or you can say that in delay.

Still, tariffs are getting imposed, trump is making stupid arrogant actions and currently not feeling the long-term heat of the comments, he will gonna face it for sure. Within his own period of time he's gonna get the results.

Currently, he's poking EU, soon there will be China and CHINA is the back of this digital age especially when it comes to Asia, and big population countries like CHINA, INDIA, and PAKISTAN in this region are suppressed by America under different agreements, I'm not sure my own country but other 2 are gonna respond hard now. 

[dekafee79]

One of the major reason for this is Trump's tariff's. Understanding the effects of tariff on investment sentiment is simple. Tariff increase the price of goods, creating global tension and disrupting supply chains. Put together, all this jack up market volatility which is what we are seeing now.

Even if this Trump tariff challenge does not come in place, the market will always remain volatile and there is nothing new can do about it, the way of how it has always been appearing volatile was a a result of the buying and selling and we can still have more influence from the general economic market, which tells that bitcoin price can be affected by diverse factors, the market will always fall and rise for any reason at any time.

Yeah, actually the buying and selling of crypto assets are the major factors that affect the ups and downs movements of the market prices, but there are reasons behind certain market volatile situations like what has been happening for some weeks, the tariffs war.
Now, for consistency on demands and supply, there should be a good atmosphere or an enabling investments conditions to do business. When there is war, even the economic war, there is bound to be investors fears, and this will lead to poor demands and increasing supply overtimes as far as the war persisted.
In a nutshell, volatility is part of the crypto market but can subside at certain intervals, especially if there is economic challenges.

It is true, the main factors that affect prices are demand and supply. And in bad conditions sometimes demand will decrease which causes prices to also decrease.
Tariff wars will also affect prices, but it seems that bad news has a bigger impact on the crypto market.