The recent decline in the price of Bitcoin is due to several main factors:
1. **Statements from the US Federal Reserve**: Expectations of an increase in interest rates, which affected investors’ confidence in digital assets.
2. **Big Liquidation**: The market witnessed significant liquidations in Bitcoin futures, which increased pressure on the price.
3. **Weak performance of stock markets**: A negative impact of the performance of global stock markets on the digital currency market.
These factors combined contributed to a significant decline in Bitcoin over the past 24 hours. [[❞]]#BTC
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