{"id":103778,"date":"2025-02-25T19:04:20","date_gmt":"2025-02-25T19:04:20","guid":{"rendered":"https:\/\/ushopwell.com\/ublog\/what-is-behind-the-huge-selloff-in-bitcoin\/"},"modified":"2025-02-25T19:04:20","modified_gmt":"2025-02-25T19:04:20","slug":"what-is-behind-the-huge-selloff-in-bitcoin","status":"publish","type":"post","link":"https:\/\/ushopwell.com\/ublog\/what-is-behind-the-huge-selloff-in-bitcoin\/","title":{"rendered":"What Is Behind the Huge Selloff in #Bitcoin?"},"content":{"rendered":"<div class=\"youtubomatic-video-container\"><iframe loading=\"lazy\" width=\"580\" height=\"380\" src=\"https:\/\/www.youtube.com\/embed\/Jrcq5VArFS8?autoplay=1&#038;controls=1&#038;hl=en\" frameborder=\"0\" allowfullscreen><\/iframe><\/div>\n<p>Bitcoin\u00a0tumbled below $90,000 to hit the lowest level since mid-November, as the rally that followed\u00a0Donald Trump\u2019s election to the White House reverses amid a broader retreat from risky assets.\u00a0<\/p>\n<p>Bitcoin dropped as much as 8.5%, the biggest intraday declined since August. The largest cryptocurrency by market value was down 7.6% to $86,805 at 11: 20 a.m. in New York on Tuesday. Other\u00a0cryptocurrencies\u00a0also fell, with Ether, XRP and Solana were mostly down more for the session. An index tracking\u00a0top digital tokens\u00a0was on pace for its largest four-day drop since early August.\u00a0<\/p>\n<p>Council on Foreign Relations senior fellow and former Bridgewater Associates chief investment strategist Rebecca Patterson discusses the selloff and what it means for the broader cryptocurrency market. Rebecca speaks with Tom Keene and Paul Sweeney on Bloomberg Radio.<\/p>\n<p>Get more on the Bloomberg Surveillance Podcast:<\/p>\n<p>Apple: <a href=\"http:\/\/bit.ly\/3OPtReI\" target=\"_blank\">http:\/\/bit.ly\/3OPtReI<\/a><br \/>\nSpotify: <a href=\"http:\/\/bit.ly\/42xmHPz\" target=\"_blank\">http:\/\/bit.ly\/42xmHPz<\/a><br \/>\nAnywhere: <a href=\"http:\/\/bit.ly\/3oOD8ZH\" target=\"_blank\">http:\/\/bit.ly\/3oOD8ZH<\/a><br \/>\n&#8212;&#8212;&#8211;<br \/>\nWatch Bloomberg Radio LIVE on YouTube<br \/>\nWeekdays 7am-6pm ET<br \/>\nWATCH HERE: <a href=\"http:\/\/bit.ly\/3vTiACF\" target=\"_blank\">http:\/\/bit.ly\/3vTiACF<\/a><\/p>\n<p>Follow us on X: <a href=\"https:\/\/twitter.com\/BloombergRadio\" target=\"_blank\">https:\/\/twitter.com\/BloombergRadio<\/a><\/p>\n<p>Subscribe to our Podcasts:<\/p>\n<p>    Bloomberg Daybreak: <a href=\"http:\/\/bit.ly\/3DWYoAN\" target=\"_blank\">http:\/\/bit.ly\/3DWYoAN<\/a><br \/>\n    Bloomberg Surveillance: <a href=\"http:\/\/bit.ly\/3OPtReI\" target=\"_blank\">http:\/\/bit.ly\/3OPtReI<\/a><br \/>\n    Bloomberg Intelligence: <a href=\"http:\/\/bit.ly\/3YrBfOi\" target=\"_blank\">http:\/\/bit.ly\/3YrBfOi<\/a><br \/>\n    Balance of Power: <a href=\"http:\/\/bit.ly\/3OO8eLC\" target=\"_blank\">http:\/\/bit.ly\/3OO8eLC<\/a><br \/>\n    Bloomberg Businessweek: <a href=\"http:\/\/bit.ly\/3IPl60i\" target=\"_blank\">http:\/\/bit.ly\/3IPl60i<\/a><\/p>\n<p>Listen on Apple CarPlay and Android Auto with the Bloomberg Business app:<br \/>\nApple CarPlay: <a href=\"https:\/\/apple.co\/486mghI\" target=\"_blank\">https:\/\/apple.co\/486mghI<\/a><br \/>\nAndroid Auto: <a href=\"https:\/\/bit.ly\/49benZy\" target=\"_blank\">https:\/\/bit.ly\/49benZy<\/a><\/p>\n<p>Visit our YouTube channels:<br \/>\nBloomberg Podcasts: <a href=\"https:\/\/www.youtube.com\/bloombergpodcasts\" target=\"_blank\">https:\/\/www.youtube.com\/bloombergpodcasts<\/a><br \/>\nBloomberg Television: <a href=\"https:\/\/www.youtube.com\/@\" target=\"_blank\">https:\/\/www.youtube.com\/@<\/a>markets<br \/>\nBloomberg Originals: <a href=\"https:\/\/www.youtube.com\/bloomberg\" target=\"_blank\">https:\/\/www.youtube.com\/bloomberg<\/a><br \/>\nQuicktake: <a href=\"https:\/\/www.youtube.com\/@\" target=\"_blank\">https:\/\/www.youtube.com\/@<\/a>BloombergQuicktake<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin\u00a0tumbled below $90,000 to hit the lowest level since mid-November, as the rally that followed\u00a0Donald Trump\u2019s election to the White House reverses amid a broader retreat from risky assets.\u00a0 Bitcoin dropped as much as 8.5%, the biggest intraday declined since August. The largest cryptocurrency by market value was down 7.6% to $86,805 at 11: 20 a.m. in New York on Tuesday. Other\u00a0cryptocurrencies\u00a0also fell, with Ether, XRP and Solana were mostly&#8230;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","tve_updated_post":"","tve_custom_css":"","tve_user_custom_css":"","tve_globals":{},"tcb2_ready":0,"tcb_editor_enabled":0,"tve_landing_page":"","_tve_header":"","_tve_footer":""},"categories":[1],"tags":[],"class_list":["post-103778","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>What Is Behind the Huge Selloff in #Bitcoin? - UshopWell.com<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ushopwell.com\/ublog\/what-is-behind-the-huge-selloff-in-bitcoin\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"What Is Behind the Huge Selloff in #Bitcoin? - UshopWell.com\" \/>\n<meta property=\"og:description\" content=\"Bitcoin\u00a0tumbled below $90,000 to hit the lowest level since mid-November, as the rally that followed\u00a0Donald Trump\u2019s election to the White House reverses amid a broader retreat from risky assets.\u00a0 Bitcoin dropped as much as 8.5%, the biggest intraday declined since August. The largest cryptocurrency by market value was down 7.6% to $86,805 at 11: 20 a.m. in New York on Tuesday. 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The largest cryptocurrency by market value was down 7.6% to $86,805 at 11: 20 a.m. in New York on Tuesday. 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