💥 Bitcoin $BTC Price Collapse: Key Points and Reasons 💔

💰 Bitcoin's price plummeted to $66,013 on Bitstamp exchange.

📈 Sixth consecutive month of gains, matching 2012's record.

💸 Currently trading at $66,761, down over 4%.

Reasons for Crash:

💼 Bitcoin ETF outflows hit $302 million on Apr. 1.

💸 Overall ETF outflow totaled $85.7 million.

💰 Bond traders pricing in fewer Federal Reserve rate cuts, reducing Bitcoin's appeal.

📉 Odds of June rate cut drop below 50%.

📉 Disappointing inflation data suggests postponing rate cuts.

Crypto Liquidations:

💥 Over $500 million liquidated in 24 hours.

💥 Long positions dominate ($417 million).

💥 155,000 traders liquidated, largest order at $7.48 million.