👀👀Why Bitcoin is Falling: Here are the Reasons Behind Seeing 64 Thousand Dollars! 👀👀

In parallel with the decline in global markets, the price of Bitcoin (BTC) fell by 3%, falling below $ 64,000.

Bitcoin lost approximately 3.3% in value in the last 24 hours, falling to $63,879. Factors such as sales in US stock markets, the decline of gold and the rise of the dollar index (DXY) were effective behind this decline.

While DXY rose above the 104 level, ounce gold lost 1% and ounce silver lost nearly 4%.

Nasdaq 100 index experienced its biggest decline since 2022. Additionally, while $1.1 billion left the US markets in the last 24 hours, the cryptocurrency futures market suffered a loss of $300 million.

Serious concerns, especially in Asian markets, negatively affected both Bitcoin and altcoins. The Nikkei 225 index in Japan lost more than 3% in value due to concerns that the Bank of Japan may increase interest rates, causing the losses to spread to Asian markets in the early hours of Thursday, July 25.

Currently, Bitcoin is trading at $64,200, down 3% in the last 24 hours.

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