#加密市场回调 Bitcoin price has significantly dropped, falling to $89,714 on November 17, a notable decline from previous highs, and the market is showing a strong downward trend.

This drop is influenced by multiple factors including Federal Reserve policies and regulatory uncertainties, leading to increased market panic. The total market capitalization of cryptocurrencies has significantly evaporated in a short time. Investors need to be wary of liquidity risks and leverage liquidation pressures.