Bitcoin reaches the lowest price in 3 months «Euro weekly news

Bitcoin fell to less than $ 90,000 (about 85,000 euros), which represents its lowest point since November 2024, according to many reports, including Standard and Reuters.

the The largest encrypted currency in the world A sharp decrease of 7.5 percent on Tuesday, February 25, witnessed $ 89314. The incident comes after the increasing uncertainty in the market fed by the concerns of the American tariff and the penetration of the huge stock exchange last week.

Trump’s tariff adds to uncertainty in encryption

The market feelings achieved great success after US President Donald Trump again confirmed his plans to impose a 25 percent tariff on Canadian and Mexican imports, which are scheduled to enter in early March. These fears of inflation and potential commercial wars have caused investors towards safer assets such as US Treasury bonds, which witnessed a sharp gathering.

Marcel Heinrichser, an analyst of encryption assets at DZ Bank, highlighted the total economy, saying: “The continuous tariff ads and the position of the Trump administration’s general protection once again led to uncertainty and the movement of risk, and feeding fears of the spread of commercial wars and inflation.” He added: “He contributed Beit Beit and Memecoin Disorder in the past few weeks in The general mood is general in the encryption market than the beginning of the year. ” (Celebrate it Reuters))

What happened with a penetration bybit?

The last collapse in the Bitcoin price has also been linked to Dubai -based BYBIT, which is the second largest encryption exchange in the world (behind Binance). The infiltrators entered Ethereum wallet and stole the entire contents. According to Blockchain Research Eliptic, the penetration is “the biggest theft is known of any kind of all times.”

The encryption markets initially detained a company in response to penetration, but experts believe that the late reaction is now happening. “The markets have prepared in response to what was expected to be an important event to destabilize,” said Joseph Edwards, head of research at Enigma Securities. “But there is a price that must be paid down the line when that happens.” (Celebrate it Reuters))

Ethereum and Altcoins are drowned with bitcoin

Bitcoin decreased through the encryption market, as it tends to do. Ethereum, the second largest encrypted currency, decreased by 9.5 percent to $ 2,386 (2,200 euros), which represents its lowest price since October. Other major Altcoins, including Dogecoin, Solana and Cardano, suffered from losses of about 20 percent last week, according to Coingecko Data.

The encryption expert warns of “buying dip”

Despite the “reduced prices”, some of the cautious encryption analysts urge before investing in sharp declines. Jeff Kendrick, head of Crypto Bank in Standard Chartard, warned of early optimism, saying: “While bitcoin is circulating relatively well in the digital asset complex, he was now arrested in Solana Coin Sellows and now the wider risk of markets.” He added: “Before buying an attractive Dip, I think we are getting one day of ETF to flow.” (Celebrate it Forbes))

As market fluctuations continue, the encryption sector faces unconfirmed weeks, especially with regard to security anxiety in the aftermath of the BYBIT penetration.

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