In the last 24 hours, the cryptocurrency market has experienced significant volatility, particularly impacting Bitcoin (BTC). The Bitcoin hashrate reached a new all-time high, surpassing 636.42M EH/s, signaling strong network security and miner commitment. Despite this, Bitcoin's price has faced a sharp decline, falling below the $65,000 support level to a two-week low of $63,577. This downturn has triggered over $623 million in liquidations across the crypto market, with a notable $514 million in long positions and $109 million in short positions. Additionally, total liquidations in the past 24 hours reached $288.66 million. MicroStrategy, a major corporate holder of Bitcoin, owns 205K BTC bought for approximately $6.91B at an average price of $33,706 per BTC. The company saw its stock trading down over 16% due to pre-planned sells by CEO Michael Saylor, amidst the market's downturn.