🔥 Bitcoin Just Dropped 5%… But $70K Is Still Standing

Markets turned shaky fast. After the Fed signaled a cautious stance, $BTC pulled back from $74K highs, triggering a wave of liquidations and wiping out over $380M in leveraged positions.

👉 But here’s what matters most right now: $70,000 is holding.

Despite the sell-off, bulls are defending this key psychological level, keeping Bitcoin from slipping into a deeper correction toward the $60K zone.

The drop wasn’t random. Hotter-than-expected inflation data and Powell’s warning about “higher for longer” rates pushed risk assets lower, including crypto.

Still, if $70K holds, this could turn into a simple retest.

##BitcoinHits$75K

#GTC2026