Bitcoin price (BTC USD) crashes to 15-month low, triggering $500 billion crypto market rout — Here’s what’s driving the selloff

Bitcoin BTC USD price drop: The cryptocurrency market experienced a significant selloff, with Bitcoin plummeting to a 15-month low of $72,877, wiping approximately $467.6 billion from the total market value since January 29. This decline, exacerbated by leveraged bet liquidations and global market volatility, has cast doubt on Bitcoin's "digital gold" status.