Why Bitcoin Price Fell After Positive News | by Fazle | The Capital | Mar, 2025
Ever wondered why Bitcoin suddenly takes a nosedive, even when the news seems good? Let’s decode the mystery behind its recent fall.
Bitcoin fans across the world were buzzing when the US government announced creating a Bitcoin reserve. Sounds like a big deal, right? But instead of prices shooting up, Bitcoin tumbled from around $90,000 to $85,000 overnight! Strange? Let’s break down why.
President Trump signed an order to set up a Bitcoin reserve, using the government’s existing stash. But many crypto enthusiasts were expecting something bigger, like heavy buying of fresh Bitcoin. So, when that didn’t happen, it left people disappointed.
Also, some traders used the old strategy — “Buy the rumor, sell the news.” They bought Bitcoin before the announcement, and once the news came out, they sold to book profits. Simple demand-supply math pushed the price down.
Good question! The US dollar is like the king of global currencies. Bitcoin was meant to challenge this power, not become its backup. That’s why many…