Bitcoin Dropped 25% in 3 Months — Here's What Happened
fell 25 percent over the last three months. From above $90,000 down to below $68,000.
That's not a flash crash. That's a slow grind lower.
So what caused it?
The war in Iran dragged on. The Strait of Hormuz shut down. Oil spiked above $100. Inflation stayed hot.
The Fed turned hawkish. Rate cuts disappeared. Higher for longer became the new reality. Risk assets bled.
ETF inflows reversed. Over $1 billion left spot Bitcoin funds in February alone. Institutional money pulled back.
Altcoin volume collapsed. Liquidity dried up. Retail disappeared. No one was buying the dip.
Long term holders held tight. Whales kept accumulating. But short term momentum was gone.
Bitcoin held $60,000 support multiple times. It never broke. But it never broke out either. Just chopped lower for 90 days.
Now it's sitting near $68,000. The question is whether the bleeding stops here or the grind continues.
25 percent in three months. That's the reality of this bear phase.