Bitcoin has fallen to its lowest level since March 2

Bitcoin fell to $65,720 on Friday, the lowest price since March 2, with a recent trading price of about $65,804, a daily decline of over 4%. Ethereum dropped about 4% to $1,980, Solana fell 5% to below $83, and BNB decreased 3% to $608.

According to CoinGlass data, over $500 million in crypto positions were liquidated in the past 24 hours, with nearly 90% being long positions. The largest corporate Bitcoin holder, Strategy, holds about $50 billion in Bitcoin, and its stock MSTR fell over 5% during the day, dipping below $124, marking a new low in a month. BitMine Immersion Technologies (BMNR), the publicly traded company with the largest Ethereum holdings, hit a monthly low of $18.42 during the day, with a daily decline of over 4%. The crypto and stock trading platform Robinhood (HOOD) also fell to a monthly low, trading slightly above $66, with a cumulative decline of over 11% in the past month and more than 50% in the past six months. The three major U.S. stock indices fell simultaneously, with the Nasdaq down 1.5%, and the S&P 500 and Dow Jones each down about 1%. The U.S. President stated after the market closed on Thursday that plans to strike Iranian energy facilities would be paused, but Israel subsequently indicated it would "escalate" attacks on Iran after suffering missile strikes. Users on the prediction market platform Myriad currently believe there is a 64% probability that Bitcoin's next target is $55,000 rather than $84,000.