Bitcoin dropped over 2% to $71,000 today as ETF outflows and risk-off sentiment tested key support levels. Meanwhile, Vietnam's Ministry of Finance floated a groundbreaking proposal to allow digital assets as bank loan collateral, and a New York court accepted a lawsuit targeting an estimated 3.7 million dormant Bitcoin worth hundreds of billions. Here's what it all means for the market.

Bitcoin’s sudden drop below $60,000 wiped out $2.7 billion in leveraged positions, but a rapid rebound, major institutional moves, and a potential Uniswap ETF are reshaping the crypto outlook.