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Bitcoin falls below $84,000... Asia faces multiple adverse factors.

Source: DigitalToday Original Title: Bitcoin Falls Below $84,000… Asia Faces Multiple Adverse Factors Original Link: Bitcoin

Bitcoin has fallen below $84,000.

Bitcoin fell more than 7% on a daily basis, dropping to $83,814. The weekly and monthly closing prices also showed weakness, as selling pressure remained strong even on Monday when American investors returned after the Thanksgiving holiday.

The trading firm QCP Capital analyzed that “this decline was triggered by overlapping negative factors from Asia.” The possibility of a Bank of Japan interest rate hike, lack of market liquidity, and the potential selling of Bitcoin held by strategists were the main contributing factors.

The Federal Reserve of the United States ( ended quantitative tightening ) QT (, opening the possibility of inflows into risk assets, but it did not have a significant impact on Bitcoin.

Traders believe that the market flow this week will be a crucial turning point for Bitcoin's performance in 2025. In particular, there are indications that the possibility of a decline has increased as the Coinbase premium has turned negative again.

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