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BTC breaks 60,000! 8 reasons for the sharp decline, and I will explain them completely.
Coin holders have been having a very hard time lately. BTC has dropped more than 20% in a month, directly breaking through the 60,000 level.
Bad news piles up: MSTR purchases plummet + preferred stock detached from anchor damages sentiment, ETFs continue to experience massive net outflows, institutions flee, AI sector siphons speculative funds, Fed rate hike expectations heat up and drain liquidity. Plus, the regulatory bill is difficult to pass, selling pressure from miners, short-term funds exit, and cycle resonance.
Currently, the technical side is oversold, but a clear bottom signal has not yet appeared. Do not blindly rush to buy the bottom. First stabilize#SKHynixTopsKOSPIByMarketCap