$BTC suddenly plunged late at night, hitting a low of $80,905, with a 24-hour drop of 2.73%! What exactly happened?

1. The Fed "turned hawkish": minutes hinted at possible rate hikes by year-end! The 10-year US Treasury yield surged directly to 5.36%, the dollar drained liquidity, and risk assets collectively trembled.

2. Middle East powder keg ignited: tensions escalated, oil prices briefly broke the $100 mark! The inflation ghost reappeared, and market risk aversion surged.

3. Wall Street institutions "fled": US spot BTC ETF saw a crazy outflow of $484.9 million in a single day! This set the largest outflow record since the end of June, with buying demand abruptly cut off.

4. Bulls suffered "chain liquidations": in the waterfall market, leveraged long positions were brutally slaughtered, with over 150,000 liquidations in 24 hours, $791 million long positions vanished into thin air, causing an extremely severe stampede effect!