Cryptocurrency Market Faces Turbulence as Bitcoin Dips Below $65,000

Economic concerns, Federal Reserve policies, and miner sell-offs contribute to significant declines across major cryptocurrencies.

Bitcoin's price has fallen to its lowest level in a month, dropping below $65,000.
Major cryptocurrencies like Ethereum, Solana, and Dogecoin have also seen notable declines.
Federal Reserve's stance on interest rates and economic outlook has dampened market sentiment.
High selling volumes from Bitcoin miners are adding downward pressure on prices.
Long positions in the crypto market have seen significant liquidations, totaling nearly $500 million in 24 hours.