Bitcoin (BTC) has recently experienced a significant downturn, with its price briefly dipping below the $65,000 mark. This development has sparked concerns among investors and analysts alike, reflecting broader uncertainties within the cryptocurrency landscape.

Understanding Bitcoin’s Recent Price Movement

Bitcoin, often regarded as a bellwether for the entire cryptocurrency market, saw its price slip below crucial support levels, triggering a wave of liquidations primarily affecting leveraged long traders.&middot

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