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🔻 Why Bitcoin Dropped in the Last 24 Hours Bitcoin’s price declined mainly due to three verified factors: 1. Large ETF outflows: Over $278M exited spot Bitcoin ETFs, reducing institutional demand (Binance-reported data, Nov 12). 2. Weak market sentiment: Fear levels increased across the crypto market, causing investors to step back. 3. Technical pressure: BTC fell below key support levels, triggering additional selling from traders. Overall, the drop reflects short-term market pressure rather than a structural shift.