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.

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.