💰 Cryptocurrency market value dropped from $2.34 trillion to $2.20 trillion 📉
💸 Massive million-dollar liquidations occurred, with an additional $470 million liquidated 🔻
💰 Bitcoin price fell to $57,000, down 9% in 24 hours and 13% in a week ⬇️
😨 Crypto Fear and Greed Index dropped from 67 (greed) to 54 (neutral) in a day 😟
📉 Investors predict BTC price may drop further to $47,000 💭
🇺🇸 Fears of high US interest rates ahead of Fed's May 1 decision led to decline in Bitcoin and crypto prices 📉
🏦 Hawkish signals suggest Fed may not change interest rates from 5.25-5.50% 🦅
💹 Latest PCE data shows inflationary pressures, with GDP growth of 1.6% indicating stagflation 📈
📉 Prediction market forecasts only one Fed interest rate cut this year, negative for crypto prices 💸
💵 US Dollar Index hits six-month high at 106.45, impacting Bitcoin price 📈
📈 US 10-year Treasury yield rises to 4.688%, adding to inflationary pressure on Bitcoin 💹
🔀 Bitcoin ETFs experiencing outflows, with $161 million outflow from US spot BTC ETF 📉
💼 Institutional investors losing hope in Bitcoin ETFs, leading to low trading volumes in Hong Kong ETFs 📉
