The increased fear and uncertainty have led to a significant drop in the price of BTC. Market analysts at Bitfinex suggest that the decline in BTC is partially triggered by the German law enforcement agency, Bundeskrimanalamt (BKA), selling Bitcoin on exchanges. According to analysts, the selling pressure on BTC is nearing its end, and a market recovery is anticipated. Stay updated with the latest financial and business news by visiting COINTURK FINANCE.