🚨💥Why Bitcoin Crash Today 💥🚨

#Bitcoin (BTC) experienced a significant drop today primarily due to robust U.S. economic data which triggered a sell-off in risk assets like cryptocurrency. 📉📉📉

The surge in U.S. Treasury yields also contributed to the downturn, as investors adjusted their positions in response to signals of a stronger economy, leading to around $300 million in crypto liquidations. 📉📉📉

Additionally, posts on X mention the impact of macroeconomic factors like the ISM data and changes in expectations for interest rate cuts, which influenced market sentiment negatively.

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