Bitcoin experienced a significant decline, dropping 28% to approximately $82,000, as global markets adopted a risk-off stance. This downturn in digital assets contributed to a 27% reduction in the total cryptocurrency market capitalization, now estimated at around $2.8 trillion. The sell-off was exacerbated by ETF outflows and broader macroeconomic concerns. In response to these market dynamics, the US dollar gained strength against major currencies including GBP, CAD, EUR, JPY, and CHF. Additionally, commodities such as crude oil and agricultural futures saw declines, reflecting the widespread impact of the risk-averse sentiment across various asset classes.