Bitcoin Price Drops Below $66K as Cryptocurrency Market Tracks U.S. Stock Decline

The price of Bitcoin (BTC) has fallen below the $66,000 mark, leading a broader downturn across the cryptocurrency market. This movement appears to be correlated with a simultaneous decline in major U.S. stock indices, highlighting ongoing sensitivity to traditional financial market volatility. Key digital assets, including Ethereum (ETH), mirrored the downward trend, resulting in significant liquidations across leveraged trading positions. Analysts are monitoring key support levels for Bitcoin as the market reacts to macroeconomic signals and investor risk appetite. The sell-off underscores the interconnected nature of crypto and equity markets in the current economic climate.