05:24
Bitcoin may fall to $65,000? MSCI adjusts to double blows of risk and liquidity tightening
Bitcoin faced selling pressure again this week, briefly falling below $83,000. Weak liquidity, concerns about Japan's macroeconomy over the weekend, and market panic over MSCI potentially adjusting its index components have led to this rapid and disorderly decline. Currently, Bitcoin is fluctuating around $85,000, with mainstream tokens such as Ethereum, XRP, ADA, SOL, and BNB also dropping about 2%, indicating widespread pressure in the market.
Multiple market participants emphasized that this fall is not significantly related to traditional macro factors. The core reason is that the market structure is weak, the order book depth is insufficient, and it is difficult to withstand any external pressure. VALR CEO Farzam Ehsani pointed out that Bitcoin falling below $90,000 is the result of a "fragile market structure colliding with weak weekend liquidity."

