Bitcoin’s price experienced a sharp drop below $82,000, triggering nearly $2 billion in liquidations across global exchanges. The volatility sweeping the cryptocurrency market is impacting major cryptocurrencies and ETFs. Notably, Bitcoin’s decline has been fueled by risk aversion as investors remain cautious of further market fluctuations. Bitcoin’s price continues to fall while Ethereum and Solana also experienced significant drops, highlighting the overall bearish trend. Investors are closely monitoring the situation for signs of potential support or bullish catalysts. Outflows from Bitcoin ETFs, totaling $903 million in a single day, have further amplified the volatility and uncertainties in the market.