🚨 JUST IN: Bitcoin price plummets under $71,000 amidst relentless selling pressure.

The carnage extends to $BTC derivatives, with early bullish positioning now on the cards as a potential counterattack. Selling from all angles has been relentless, with market volatility spiking as a consequence. The sudden drop is a stark reminder that even in times of relative calm, markets can swing brutally.

While $OM is largely untouched by this latest downturn, Bitcoin's dominance is a crucial metric to watch. A decline here could signal an increasing rift between two major market players. The current selling frenzy is a testament to this reality. In the world of crypto, dominance is power, and Bitcoin currently yields an estimated 45% market share.

The recovery signs are faint but real – a chance for Bitcoin bulls to reassess their positions and take a calculated risk. The crypto market is notorious for its unpredictability, and only the briskest traders are likely to come out on top. What pos