Today, the Bitcoin price #BTC on BINANCE

has seen a decline due to several factors. One of the main reasons was a sustained selling pressure that began before the US government started selling BTC. However, large institutional players have not been as aggressive in selling, which could help stabilize the market in the short term. Additionally, many long positions were closed, which also contributed to the price drop.

The lack of significant capital inflows into the market at the moment is also affecting the price, and although there is support at certain key levels, the behavior of large investors and the US government will be crucial in the coming days to see if a further decline can be avoided or even start a recovery.$BTC