🚨 WHY BITCOIN ($BTC) IS DUMPING HARD TODAY 😱
Bitcoin is under heavy pressure right now.
In the last 48 hours, BTC has dropped by over $3,800, slipping below $78,000 and erasing $80B+ from the broader crypto market.
The selloff accelerated after a major leverage flush: $620M+ in long liquidations over the past 24 hours. Once those positions started getting forced closed, it triggered a fast-moving liquidation cascade.
So what’s driving the drop?
Rising U.S. Treasury yields + hotter inflation data → markets start pricing in “higher for longer” rates, which typically hits risk assets like crypto.
Oil climbing + geopolitical tension → a stronger “risk-off” mood across global markets.
Regulatory hype cooled off → after the CLARITY Act excitement faded, profit-taking kicked in.
Then the cascade → liquidations stacked on top of selling, pushing BTC lower even faster.
Fear is clearly dominating the tape right now, and traders are reducing risk across the board.
📍 Key support zones many are watching: $76K and $73K
Volatility is back—trade carefully. DYOR
