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

BlockBeats News, February 24th, according to CNBC, Bitcoin fell below the $63,000 mark on Tuesday as investors continued to grapple with escalating tariff tensions and broader geopolitical risks.

Christopher Hamilton, Head of Client Investment Solutions for Asia Pacific at Invesco, said: "This Bitcoin drop looks less like a crypto-specific shock and more like a typical risk-off move." Hamilton added that this drop is more likely a reflection of a 'tactical derisking' rather than a structural unwinding.