 ▲ Bitcoin (BTC) Decline / AI-generated image |
As fears stemming from U.S. airstrikes on Iran swept across the market, Bitcoin (BTC) sell-offs surpassed $18 billion, intensifying anxiety in the cryptocurrency market.
According to crypto-focused outlet U.Today on March 1 (local time), Bitcoin’s selling volume has surged sharply, adding downward pressure across the broader market. Recent Bitcoin sell orders have exceeded $18 billion, rapidly absorbing liquidity within the market. Political conflict and policy uncertainty in the United States are seen as key factors triggering the wave of panic selling.
Virtual asset analysts warned that the current selling spree signals more than a simple price correction. Whenever tighter U.S. regulations or geopolitical instability come to the forefront, Bitcoin has clearly demonstrated its sensitivity as a risk asset. The massive $18 billion in selling pressure has quickly broken through major support levels, amplifying concerns over further declines.
Not only Bitcoin but also top market-cap assets such as Ethereum (ETH) and Solana (SOL) have failed to escape the downturn. The broad capital outflow across the market is spreading uncontrollably, as not only retail investors but also some institutional investors are moving to secure cash positions. The sharp wave of sell orders has led to large-scale liquidations in the futures market, fueling a vicious cycle of price declines.
The outlet projected that the current spike in selling is unlikely to be merely short-term. As policy debates surrounding virtual assets intensify in the United States, investors are adopting aggressive selling strategies to protect their holdings. An industry insider stated, “Unless U.S.-driven tensions are resolved, it will be difficult to expect Bitcoin’s recovery momentum in the near term,” reflecting the market’s chilly sentiment.
The surge in Bitcoin trading volume signals that price volatility may increase further in the near future. The market fatigue resulting from absorbing $18 billion worth of sell orders is expected to delay any meaningful rebound. At present, the cryptocurrency market remains extremely vulnerable to external variables.
Disclaimer: This article is for investment reference only, and we are not responsible for any investment losses incurred based on it. The content should be interpreted for informational purposes only.