🚨Think of it like a massive deadline for a $13 billion bet on Bitcoin’s price.🚨
For a while, everyone was focused on Bitcoin staying around $70,000. But once that deadline passed today, that "anchor" holding the price in place disappeared. Without that anchor, the market started swinging wildly.
As a result, Bitcoin’s price took a hit, falling below $66,000—which means it lost about 4% of its value in just one day.
Would you like me to break down the other points from the news in the same way?