The reason why Bitcoin plummeted 3,500 points overnight:
At about 1 a.m., the crypto tracking company Arkham tracked a U.S. address to transfer 2 billion worth of BTC to a digital wallet, which triggered speculation that the U.S. might sell BTC, leading to an increase in short-term declines. At present, the market has turned from panic to rationality, and the market has stabilized. There is no need to worry about selling today. Fortunately, it was a false alarm. These 30,000 Bitcoins were stored and traded by Coinbase Prime, not sold. It depends on whether this week's narrative can push Bitcoin to 72,000!
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