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

#PEPE