9 Reasons Bitcoin Crashed From $81K to $67K in Just 10 Days

Bitcoin has dumped by over $14,000 in ten days, falling from $81,000 after the US midterms to under $67,000 on Saturday morning. This massive collapse came on the heels of several developments that signaled weakening demand for risk-on assets, while some industry-specific factors exacerbated the move. The cryptocurrency has erased almost all gains charted since the mid-August rally, and here are the reasons we would gather. Politics, Wall Street, Crypto Liquidity Issue The Democratic sweep started the rejection. BTC initially sold off after the election as Dems swept both chambers of Congress, falling toward the mid-$75,000s, before rebounding sharply and briefly to $81,000. This recovery disappeared almost immediately amid fresh uncertainty around regulation, fiscal policy, and tech spending, and the broader investment environment during the second half of Trump’s term.

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