BTC -210.18% in 24 Hours Amid Sharp Correction

On AUG 29 2025, BTC dropped by 210.18% within 24 hours to reach $110141.13, BTC dropped by 290.11% within 7 days, dropped by 480.55% within 1 month, and rose by 1776.63% within 1 year.

The recent sharp decline in BTC reflects a broader trend of heightened volatility in the cryptocurrency market. The one-day drop of 210.18% is the most significant single-day correction recorded in recent cycles. This abrupt sell-off is attributed to a combination of factors including regulatory scrutiny intensifying and algorithmic trading strategies recalibrating. The drop has also raised concerns over market liquidity and the role of large institutional positions in exacerbating price swings.

Technical analysis of the BTC price movement shows a breakdown of key support levels that had held for the preceding weeks. The 210.18% drop in 24 hours has pushed the price below multiple moving averages, including the 50-day and 200-day SMA, indicating a bearish reversal in trend. Analysts project that further downward momentum may persist until a new equilibrium is established between supply and demand dynamics.