Bitcoin Plunges 42% from Peak, Hits $74,000 Amid Weak Crypto Sentiment

• Bitcoin has experienced a significant retreat of over 42% from its all-time high recorded last year.
• The cryptocurrency dropped over 5% in the past 24 hours, reaching $74,000.
• This price point marks Bitcoin's lowest value since Donald Trump's second accession as US President.
• Major factors contributing to the decline include consistent outflows from ETFs and negative sentiment among crypto investors.