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Why did bitcoin's price drop on Jan 25?

Bitcoin's price on Tuesday, Jan. 25, was nearly 50% below its November high. 1 Rumors of a forthcoming U.S. government strategy to regulate digital assets may have triggered the current sell-off. Gradual belt-tightening by the U.S. Federal Reserve may also be contributing to Bitcoin's price drop.

Will bitcoin's price rise above $100,000?

Despite falling back significantly from its latest all-time high price, many experts still expect Bitcoin’s price to rise above $100,000 at some point — describing it as a matter of when, not if. Shortly after Bitcoin’s latest all-time high in November, Ethereum marked its own new all-time high when its price went over $4,850.

What happened to bitcoin?

Let’s highlight the biggest Bitcoin drops through its history: 1 In 2011, the price crashed 93% in five months. 2 In 2012, the price crashed 57% 3 In 2013, the price dropped 87% and lasted 411 days, ending in January of 2015. 4 In 2017, the price crashed 59%

What happened to crypto?

The flagship cryptocurrency fell to more than three-month lows on Wednesday, dropping to about $30,000 at one point for a pullback of more than 30% and continuing a week of selling in the crypto space.

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