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Bitcoin's Summit Slump: Macroeconomic Reality Bites Back

Reading time: 2 min • Mar 7, 2025, 11:42 PM (UTC)

Key Points

  • Bitcoin dropped below $87,000 after the White House Crypto S...

Ever wondered what happens when you mix a White House crypto summit with market anxiety? Apparently, you get a Bitcoin price that moves faster downhill than a day trader's hopes during a margin call.

From Hero to Below Zero

The much-anticipated March 2025 White House Crypto Summit, which promised rainbows and unicorns for crypto enthusiasts, managed to achieve quite the opposite. Bitcoin tumbled below $87,000, dragging the entire crypto market down by over 4%. So much for those 'to the moon' memes, folks.

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