Bitcoin (BTC USD) price today drops to $87,000 & Altcoins sink: Why is the crypto market crashing ahead of Christmas?

Bitcoin price USD today: The crypto market saw a significant downturn on Tuesday. Bitcoin and most major altcoins experienced a sharp decline. Investors are stepping back ahead of the Christmas holiday. Strong US economic data initially boosted prices but raised concerns about interest rate cuts. Technical indicators also signal potential further weakness across the market.