🚀🚀Hey there, BTC enthusiasts!🚀🚀 Buckle up, because we've got a wild ride to report. Bitcoin, our beloved digital gold, has taken a bit of a tumble, dropping to just above $61K. 😱 That's a 30% decline from its peak 2.5 years ago when it was worth 37 ounces of gold. But don't let the perma-bears like Peter Schiff get you down. Remember, gold's price also dropped yesterday. 📉📉

The crypto market as a whole is feeling the burn, with altcoins experiencing massive price declines. In just over 24 hours, the cumulative market cap of all crypto assets has plummeted by more than $400 billion, down to $2.350 trillion. 😰

But what's causing this crypto chaos? Well, the US Fed's recent announcement that there are no plans to lower interest rates anytime soon certainly didn't help. 😓

And then there's the rising tension between Israel and Iran. Reports of Iran preparing a counter-strike against Israel and the seizure of an Israel-linked cargo ship have sent shockwaves through the market. 🌍💥

So, it's been a bumpy ride, but hey, that's the crypto world for you! Stay tuned for more updates and remember, in BTC we trust! 🚀🚀🚀