Bitcoin dropped below $67K after the market reacted to geopolitical tensions, triggering $138M in liquidations, with long positions accounting for the majority of losses.
Persistent ETF outflows and a prolonged “death cross” signal reflect sustained bearish pressure, with analysts pointing to a potential final accumulation phase.
Rising leverage unwinds and institutional de-risking continue to drive volatility, while long-term narratives like sovereign Bitcoin reserves remain intact.
Bitcoin slipped again on April 2, extending losses as global risk sentiment weakened after fresh geopolitical updates from President Donald Trump. The decline set the tone across the crypto market, with traders reacting quickly to uncertainty and strict liquidity conditions.
Bitcoin Dips Again Amid Rising Liquidation
As per HTX market data, Bitcoin fell below the $67,000 threshold and was last observed trading at $66,819, i.e., a 3.01% decline over the past 24 hours. The move set off a
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