Bitcoin Tumbles Below $78k Amid Macro Headwinds
Bitcoin (BTC) prices dropped below $78,000 on Tuesday, trading at $77,909.56 on the Binance USDT market.
The decline marks a continued pullback from recent highs, raising questions about short-term support and broader market sentiment.
The latest drop comes amid a mix of macroeconomic pressures and crypto-specific factors, including elevated U.S. Treasury yields and a stronger dollar index, which often weighs on risk assets like Bitcoin.
On-chain data shows increased exchange inflows, suggesting some holders are moving coins to sell, adding to downward pressure.