Insight: Bitcoin's drop is not a structural exodus but more akin to a typical risk sentiment reset

Bitcoin Drops Below $63k on Tuesday Amid Geopolitical Risks, Tariff Tensions February 24, CNBC reported Bitcoin fell below the $63,000 level on Tuesday as investors navigated rising tariff tensions and broader geopolitical risks. Christopher Hamilton, Invesco’s Head of Client Investment Solutions for Asia Pacific, noted the crypto’s decline is less a crypto-specific shock and more a classic risk-off move. “This isn’t a structural unwind—it’s likely tactical derisking,” Hamilton added.