Why Is Bitcoin Dropping? Key Reasons for This 6% Crash Amid Bullish News
Profit-Taking by Large Investors
Whales and institutional investors sold off holdings, causing a sudden price dip.
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Macroeconomic Factors & Market Sentiment
Rising interest rates and global financial uncertainty triggered investor panic.
Liquidations & Leverage Unwinding
Over-leveraged positions were forcefully liquidated, accelerating the downturn.
ETF-Related Volatility
Speculation around Bitcoin ETFs led to market fluctuations and price corrections.
Miner Sell-Offs & Hash Rate Decline
Miners offloaded Bitcoin to cover costs, adding selling pressure to the market.
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