比特币领跌

On April 14, the virtual currency market experienced drastic fluctuations. The price of the leading cryptocurrency Bitcoin once plunged by more than $6,000, from a high of $67,100 to below $61,000. According to CoinGlass data, this market turmoil caused as many as 296,300 people to be liquidated within 24 hours, with a total liquidation amount of a staggering $920 million. Mainstream virtual currencies such as Ethereum, Dogecoin, and SOL coin were not spared, and the entire market sector showed a sharp decline.
Market analysts pointed out that the plunge in the virtual currency market was not caused by a single factor, but the result of multiple factors. First, the Fed's expectations for interest rate cuts have become uncertain, and mainstream institutions have different forecasts on the timing of interest rate cuts, which has shaken market confidence. Secondly, geopolitical risks have intensified, and the tensions between Iran and Israel have put market investors in a state of panic. Finally, in the next two or three months, Bitcoin miners may sell Bitcoin on a large scale due to rising mining costs, further increasing the downward pressure on the market.