Bitcoin Down 25% From All-Time High as Crypto Rout Worsens

Published On Feb 28, 2025, 2:06 AM

Bitcoin has dropped 25% from its all-time high after recent market shifts driven by U.S. President Trump's tariff threats. Investors are moving towards safer assets, resulting in a selloff across cryptocurrencies including substantial declines in Ether and XRP. Bitcoin reached a high of $109,241 in January but has faced pressure from macroeconomic fears and geopolitical tensions. Analysts suggest that if this trend continues, Bitcoin might fall to support levels around $70,000, marking a significant downturn in market sentiment.