Bitcoin Dips Below $66,000 Amid Government and Market Moves
Recent U.S. government Bitcoin transfers and tech stock sell-offs contribute to market volatility.
- Bitcoin fell sharply from $70,000 to below $66,000, triggering significant liquidations.
- The U.S. government moved $2 billion in Bitcoin, raising concerns about potential selling pressure.
- Ethereum and other major cryptocurrencies also experienced turbulence, with mixed performance across the market.
- Analysts debate whether the current dip is a healthy correction or a sign of further declines.
- Upcoming tech earnings and Federal Reserve decisions are expected to impact cryptocurrency prices further.
Benzinga 
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