Here’s the real reason $BTC & crypto are down in the last 24 hours — based on the latest market data and news (with verified sources):

1. Short-Term Price Drop & Liquidations

• Bitcoin has fallen ~2–3 % in the last 24 h, trading near ~$90K.

• As BTC dipped below key levels (like $91K and $90K), many leveraged long positions were automatically liquidated, which pushes prices further down.

→ In crypto, when prices fall quickly, exchange systems close risky bets (liquidations), and that magnifies downward movement.

2. Market Sentiment Is Weak

Crypto traders got nervous about risk assets overall — especially after disappointing signals from tech and AI parts of the stock market.

When risk sentiment drops, speculative assets like Bitcoin and altcoins often fall as investors move to “safer” assets or cash.

3. Macro / Interest Rate Expectations

Even though the U.S. Federal Reserve cut interest rates, traders had already priced this in earlier. When the event didn’t push price higher, many took profits and sold.

This sell-the-news reaction is common in markets when expectations exceed reality.

4. Broader Crypto Market Pullback

• Not just Bitcoin — most major cryptos (Ethereum, XRP, Solana, etc.) are also trading lower or weaker.

This broad decline shows systemic weakness rather than a single coin problem.

5. Profit-Taking After Recent Rally

After a run up earlier this year, some traders are choosing to lock in gains. That selling pressure can push prices down short term.