Analyzing the downward trend of Bitcoin price and the possibility of it dropping to $75,000 due to global economic factors. Stay updated with live digital currency prices.
Market data on Bitcoin (BTC) options on Derive.xyz platform shows a 22% increase in the likelihood of Bitcoin price dropping to $75,000 by March 28, up from 10% last week. This significant rise is due to a new trade war between the US and major partners like Canada, Mexico, and China, leading to concerns about global inflation and central banks’ interest rate cuts impacting the digital currency market.
