Bitcoin Experiences Fourth Month of Declines Amid Market Adjustments

Bitcoin dips below $78,000 as both cryptocurrency and gold markets react to ETF withdrawals and Federal Reserve uncertainties.

Bitcoin has dropped under the $78,000 mark, marking a significant downturn as both cryptocurrency and precious metals witness a simultaneous sell-off. This decline is largely influenced by ETF outflows, increased liquidation pressures, and uncertainties surrounding the Federal Reserve's policy direction.