$BTC $BTC phrase this paragraph Bitcoin's value plunged beneath $64,000, witnessing the liquidation of over $209 million in crypto long positions amid an overnight market downturn. Currently, Bitcoin is trading around $63,700, marking a 4% decline for the day, as per CoinGecko data. This decline was mirrored across the broader crypto landscape, with the collective market cap of cryptocurrencies dropping by 4.7% overnight. Ethereum, the second-largest cryptocurrency, also experienced a 5.3% decrease over the past 24 hours, settling around $3,090. CoinGlass data reveals that the market slump led to the liquidation of over $209 million in crypto long positions, including $52 million in Bitcoin longs. The downturn coincides with the drying up of inflows into BlackRock's spot Bitcoin ETF, ending a 71-day streak, as reported by CoinGlass. Additionally, Bitcoin spot ETFs experienced outflows of $120.6 million after three consecutive days of inflows. Meanwhile, Hong Kong's approval of spot Bitcoin and Ethereum ETFs, scheduled#BullorBear #BTC #Memecoins $