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Bitcoin’s 5.6% Price Slide Takes It Below $66K… Except In This One Country

Just weeks before the Bitcoin halving, the world’s most popular cryptocurrency took a dip, with prices tumbling to a low of $65,480 on Tuesday, April 2, marking a decline of 5% in 24 hours and 8% over the past week. What Happened: This drop contributed to a significant shakeout in the crypto derivatives market, with $135.3 million in Bitcoin long positions being liquidated. With the Bitcoin halving event just 18 days away — a pivotal moment expected to cut block rewards from 6.25 to 3.125 Bitcoin — this latest price slide marks a concerning trend for the leading cryptocurrency. At the time of …

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