# 📉 Bitcoin's Sudden Drop – Today
**"Bitcoin Shocks the Market! 📉"**
A sudden collapse in the price of #Bitcoin over the past few hours, losing more than **12% of its value** in less than 24 hours, dropping from above **$70,000 to below $61,000**.
The entire market is trembling…
#Ethereum is not exempt, falling below $3,000, while most major cryptocurrencies declined by 10–20%.
🔴 **What's the reason?**
- Huge selling pressure from major wallets (massive transfers to trading platforms revealed)
- Expectations of a new interest rate hike from the #Federal_Reserve
- Liquidation of thousands of long positions (Leverage) on platforms like Binance and Bybit
- A state of collective panic caused a "liquidation wave" (Liquidation Cascade)
📊 But don’t rush to judgment:
Bitcoin is still up +40% compared to the beginning of the year, and the long-term fundamentals have not changed:
- Limited supply (only 21 million coins)
- Increasing adoption by institutions
- ETF funds attracting billions of dollars
💡 **Tip:**
In high volatility, panic is your enemy. Review your strategy, do not sell at the bottom, and separate "emotional news" from "rational investing".
Is this the start of a major correction?
Or just a "market cleanup" before a new upward wave?
Share your opinion 👇
