Bitcoin Price Tumbles Below $65,000: Market Experts Weigh in on Correction

Bitcoin's price drop below $65,000 on April 10, 2025, has sent shockwaves through the cryptocurrency market. The sudden decline in value has led to a flurry of analysis among traders and institutions, with experts examining various factors contributing to the downward pressure.

The break of this major psychological support level has triggered automated selling and shifted short-term trader sentiment, making it a technically significant threshold. Market analysts are scrutinizing trading volume data, which showed a 35% increase in sell-side volume over the preceding 24 hours.

On-chain data from Glassnode indicates a spike in exchange inflows, suggesting some holders moved coins to trading platforms, potentially to sell. Broader macroeconomic indicators, including a stronger-than-expected U.S. Dollar Index (DXY), have historically created headwinds for risk assets like Bitcoin.