Bitcoin crash to $60,000 has triggered intense speculation across global markets, as traders search for a hidden catalyst behind the sudden selloff. With no clear liquidation data, narratives are filling the vacuum fast.
Why the Bitcoin crash to $60,000 shocked traders
On social platforms, traders are pointing to possible offshore fund losses, yen funding stress, and sudden risk unwinds. The absence of a confirmed blowup has only amplified fear driven selling.
Market structure also played a role. Thin liquidity during off hours can magnify moves, especially when leveraged positions unwind simultaneously.
Another angle focuses on macro pressure. Rising volatility across equities and bonds has increased cross asset correlations, leaving bitcoin exposed to broader deleveraging events.
Until clarity emerges, traders are shifting toward capital preservation, tighter risk limits, and reduced leverage.
