★Bitcoin price today: slides below $71k as traders pare Fed cut bets

"Bitcoin's recent dip below $71k, driven by reduced Fed rate cut expectations, signals a recalibration of risk appetite across global markets, directly impacting capital allocation to higher-beta assets like crypto. This shift suggests sustained dollar strength and higher yields may temper institutional inflows into Bitcoin ETFs, influencing market structure and liquidity. Portfolio managers should monitor these macro headwinds for potential sustained pressure on digital asset valuations."