The global cryptocurrency market has experienced a significant decrease with Bitcoin falling to nearly $66,000 according to CoinGecko data. The market capitalization has dropped by 4.6% in the past 24 hours, currently standing at $2.63 trillion, while the daily trading volume has surged by 42% to $134.77 billion.

Bitcoin, the leading cryptocurrency, has seen a decrease from $70,000 to $66,400 within the last day. Its market cap is currently around $1.3 trillion with a trading volume of $40 billion. Bitcoin ETFs have faced a net outflow of $85.7 million on April 1, after last week's total inflow of $862 million.

On March 31, Tether acquired 8,888 Bitcoins for $618 million at an average price of $69,531 per coin. The company now holds over 75,000 BTC with an average price of $30,305.

Investors and social media users are speculating about potential whale manipulations and the concept of buying the dip. Santiment data shows a significant increase in calls to "buy the dip" in crypto-related discussions, accounting for 33.55% of total social volume. Most conversations about buying opportunities originate from Reddit and 4chan, while discussions about another market selloff represent only 2.46% of total conversations and posts.