Bitcoin recently experienced a sharp drop of over 6%, hitting its lowest level since the start of the year. The timing collided with Donald Trump’s announcement of sweeping new tariffs, which has seriously left the global markets in serious panic, raised fresh fears of a potential recession and have also prompted widespread sell offs in not just Bitcoin but across the crypto market.
For people to also have interest in making investment more in bitcoin, they must also have to make a certain level of profit maximization from the world economy which they are involved in one way or the other, all these may be also included as part of what determined the fall or rise of the market, since we consider for both the fundamental and analytical event of the economy in determining the market price, but this is just a quick shock as you have said, because bitcoin later shoot up above $80,000 after the fall.