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  • Sohrab Khawas
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    Sohrab is a passionate cryptocurrency news writer with over five years of experience covering the industry. He keeps a keen interest in blockchain technology and its potential to revolutionize finance. Whether he's trading or writing, Sohrab always keeps his finger on the pulse of the crypto world, using his expertise to deliver informative and engaging articles that educate and inspire. When he's not analyzing the markets, Sohrab indulges in his hobbies of graphic design, minimal design or listening to his favorite hip-hop tunes.

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Why is Bitcoin Price Crashing?

Bitcoin experienced a sharp $4,000 drop over the weekend, triggering $527 million in liquidations and affecting 177,000 traders. The sell-off was structural, not fundamental, driven by thin weekend liquidity and record leverage in futures markets. Key support levels to watch are $84Kโ€“$86K (ETF average cost) and $80Kโ€“$82K (short-term holder realized price). With the Fed ending QT on December 1 and a likely rate cut expected, experts see this as a short-term correction and a buying opportunity for BTC and major altcoins.

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