Bitcoin’s Recent Price Drop

Bitcoin (BTC) recently experienced its biggest single-day loss since August 2024, falling below the short-term holder (STH) realized price. This downtrend has raised concerns among institutional investors, particularly after Cathie Wood’s ARK Invest sold off $9M in spot BTC ETFs. As fear grips traders, the question arises: has Bitcoin entered bear market territory, or is a price recovery on the horizon?