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BTC has fallen from its peak (~$126,000 on Oct 6) by more than 20%, signalling a shift from bullish to more cautious mood.
Key factors for the drop:
Broad risk-asset weakness (stocks, tech) impacting crypto.
Large liquidations in crypto derivatives markets amplify moves.
Investor sentiment turning negative — “fear” readings elevated. #GateOctTransparencyReportReleased $BTC