Why Bitcoin is in a bear market: Analyst points to 3 factors after currency swoons below $75,000

It’s February and many traders are feeling a chill that feels a lot like crypto winter. Bitcoin dropped below $75,000 on Sunday, the latest in a series of slides that have dragged down the original cryptocurrency since last autumn.  While Bitcoin posed a modest rally on Monday, climbing back towards $80,000 by mid-afternoon, that’s still a 37% dip from its record high in October, according to Binance. 

Crypto’s downturn is in part spurred by recent macroeconomic factors. One analyst...