According to data from OKX, Bitcoin (BTC) has dropped steadily from around $71,500 USDT over the past 24 hours, breaking below the $68,000 USDT psychological level. The latest price is $67,990.1 USDT, representing a cumulative decline of 5.13%. Real-time trading data on OKX shows a surge in short-selling orders concentrated below the $68,000 mark, driving a notable increase in market volume.
As the largest crypto asset by market capitalization, BTC price adjustments often signal shifts in overall market risk appetite. This decline has been accompanied by weakness in several major altcoins, putting short-term pressure on the digital asset market.
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