Bitcoin has taken investors on a roller-coaster ride once again. Just hours after hitting a fresh all-time high, the world’s largest cryptocurrency plunged to $115,000, wiping out billions in market value.
According to data from major exchanges, over $3 billion in long positions were liquidated within 24 hours. Analysts point to global macroeconomic concerns — including rising interest rates, uncertainty around central bank policies, and cautious sentiment in equities — as key reasons behind the sudden sell-off.
Despite the panic, many long-term investors remain unfazed. Historically, Bitcoin has gone through similar steep corrections after record-setting rallies. Some see the current dip as a healthy reset and a potential buying opportunity before the next bull leg.
Experts, however, caution that volatility will remain elevated, and traders should watch upcoming macroeconomic data closely. In the near term, Bitcoin may continue to trade within a wide range, but its long-term trajectory remains promising as adoption grows globally.
