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Why is Bitcoin Dropping?

The post Why is Bitcoin Dropping? appeared first on Coinpedia Fintech News Bitcoin price fell 1.35% to around $62,560, slightly underperforming the broader crypto market as risk-off sentiment weighed on digital assets.

The total crypto market capitalization declined 1.14%, while perpetual futures open interest jumped 27.46%, indicating increased derivatives activity and selling pressure. Analysts are watching the $62,000 support level closely, with a break below potentially opening …

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Yes, most public blockchains (like Bitcoin and Ethereum) are transparent. Transactions can be traced back to public keys and wallet addresses, meaning that while they are pseudonymous (names are not directly tied to addresses), they are not completely anonymous.

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