The Bitcoin price dropped to below $90,000 as a consequence of a general weak sentiment of investors in the global markets. The drop happened at the time of the weekend when there were not many people trading, and the price changes were easily exaggerated due to low liquidity. The price of Bitcoin is reflecting the decline of all digital currencies, and today it was the lowest at USD $89,600.As uncertainty grew around the macroeconomic events that were going to happen, the market players took a cautious stance. The traders cut their risk by selling off their stocks in the crypto markets, among others, and waiting for the economy to send clear signals. The fall of BTC below $90K reveals how sensitive the crypto markets still are to the sentiment surrounding global risks.Investors are targeting a macro calendar that is so full of important economic data and central bank decisions that it will be hard to miss anything. The inflation readings and the labour market data will always be the main indicators of the monetary policy direction. Any surprises could alter the interest rate expectations and thus influence the price of risk assets such as Bitcoin.The central banks of the developed economies are currently under heavy surveillance, and they could be forced to make policy changes that would impact liquidity conditions. Generally, tighter financial settings lead to a decline in the prices of speculative assets, while easing expectations frequently have the opposite effect. Hence, the BTC macro events’ impact is critical to short-term crypto price movements.The uncertainty about these developments has led traders to take a defensive stance. A lot of investors would rather sit on the fence and wait for a confirmation signal before putting their money into the high-risk assets.The price of Bitcoin, which has fallen below USD $90,000, is a sign that the bearing of the risk has spread to the whole financial market. The price of Bitcoin today is in line with the general nervousness in stocks and commodities. The trading activity has gone down that which indicates the lack of conviction rather than panic selling.