Bitcoin Drops to 15-Month Low After Earlier Surge to Nearly $73,000
Bitcoin sank to a 15-month low on Tuesday as a broad risk-off wave swept global markets, reversing an earlier intraday rally that pushed the token near $73,000. Traders said the pullback came as investors rotated out of risk assets, and the sudden shift wiped out short-lived gains from earlier in the session. Volatility picked up across crypto pairs as selling pressure showed up in both spot and derivatives markets.
The drop matters because it underscores crypto’s sensitivity to broader financial conditions — falling equities, rising yields or macro uncertainty can quickly translate into crypto outflows and margin stress. Market participants will watch liquidity, funding rates and macro headlines closely for signs of stabilization or further pressure. For investors, the move is a reminder to monitor risk exposure and the interplay between macro news and crypto price action.