Bitcoin Price Hits Six-Month Low Amid Market Sell-Off and Strategic Sale of 32 BTC

A tumultuous start to June saw Bitcoin's price plummet below $71,000, marking a significant decline from its recent highs. This dip was accompanied by widespread liquidations in the cryptocurrency market, with over $627 million worth of positions being cut. The collapse of negotiations between the US and Iran added fuel to the fire, further exacerbating the sell-off.