"Bitcoin (BTC) fell below 64.000$ for the first time since over a month ago on June 21. Currently, BTC is trading at $63,552, down 3.54% over the past 24 hours. 📉

Reason? Investor risk sentiment is evident across Bitcoin ETFs, where investors have been withdrawing capital for days. Withdrawal activity highest since late April.

Reduced network activity is also another reason why Bitcoin price continues to decline. The number of daily active addresses on the Bitcoin network decreased from 971,789 addresses on April 4 to 632,620 on June 20.

From a technical perspective, today's Bitcoin price drop is part of a broader correction that began after it rejected from resistance at 72.000$ on June 7.

What do you think about the current situation of BTC? Please leave your opinion in the comments section! 💬#Bitcoin#cryptocurrency"