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#WarshDebutsAsFedHoldsRatesSteady $BTC: what actually moved the price
Bitcoin trades near $64K - down ~49% from its $126,198 ATH set Oct 6, 2025. This wasn't a broken protocol. It was macro.
📉 What dragged it down:
Oct 10: US-China tariff shock + a record ~$19B single-day leverage wipeout
ETF outflows - roughly $7B in Nov, $3B+ in Jan - pulled the steady bid out
Strategy breaking its "never sell" stance cracked sentiment
Fed on hold, US-Iran tension, CLARITY Act stalling = no fresh catalyst