📉 BREAKING: $BTC Slides to 16‑Month Lows Amid Global Risk‑Off 🌍
📊 Market in Shock: Bitcoin tumbled sharply today, briefly testing near $60,000, the lowest trading level since late 2024 as broader financial markets sold off. This move has erased huge gains and injected fear into crypto sentiment.


đŸ”» Why It’s Happening:

‱ Macro risk‑off selling hit all risky assets, including cryptos, amid volatile equity markets.
‱ Heavy institutional selling and ETF outflows continue to pressure $BTC liquidity.
‱ Altcoins followed $BTC

weakness, with many seeing double‑digit drops.

BTC
BTC
68,871.66
+3.87%


đŸ’„ Market Impact:
‱ Massive liquidation pressure and tightening leverage have accelerated the sell‑off
‱ Fear levels are very high — historically these phases can mark important structural bottoms


Whether this is a temporary shakeout or the start of a deeper correction, the market is clearly in a high‑volatility regime.

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