Bitcoin Holders Capitulate: Is a Further Price Drop Imminent? The price of Bitcoin experienced a significant downturn on Friday, falling to around $65,500 amidst escalating geopolitical tensions between the United States, Israel, and Iran. Recent on-chain analysis suggests this decline wasn't a gradual correction, but a rapid sell-off driven by panic among Bitcoin’s most reactive investor group – short-term holders. This article delves into the d...