Bitcoin and Crypto Markets See Healthy Correction After Hitting New Highs

• Bitcoin fell 8% in 24 hours after reaching over $70K earlier this week, with the overall crypto market down 6%

• El Salvador revealed it has amassed over $400M in bitcoin, stored in a cold wallet, far higher than previously thought

• Galaxy Digital was rated a "buy" by Stifel, which sees significant upside for the crypto financial services firm

• Over $800M in crypto futures positions were liquidated overnight due to bitcoin's drop to $67K

• The pullback from recent highs is seen as a healthy correction after a sharp rally