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On websites, a breadcrumb is a written path that shows the user where they are on the site. Users can trace their location on a website and how far they are from the homepage using breadcrumbs, which are links on a website.
Importance of breadcrumbs
1-Improved site ranking
2-Better user experience
3-Lower bounce rates

I agreed with the response, yes Users can trace their location on a website and how far they are from the homepage using breadcrumbs, which are links on a website.

When it comes to ranking at the top on SERPs the content plays a crucial role. It is assumed that the more the content length rapidly it will rank, however, this is not true. Your content should focus on quality rather than quantity to be useful for its users or readers.
Google also has suggested many times that the word count does not decide whether the content is of low quality or it will rank.
Some pages have a lot of words but they provide nothing useful, on the other hand, some articles say few words but provide relevant content for the searched query.
So, it can be said that word count is not a Google ranking factor. While writing any content or article for any website
remember to focus on the quality and relevancy of the content.

Kindly tell me the importance of breadcrumbs in SEO and if possible give some references for details.

Please explain bounce rate, does it affect your website's traffic & SEO? If yes how to improve it?

If you want to see effective results for your Off Page SEO activity, you have to make sure that all your backlinks are indexed on Google. Indexing backlinks is a very crucial step in Off Page SEO. So below are some suggestions to get your backlinks indexed.
1. Spammy links are the big reason that your backlinks are not getting indexed. Do not choose spammy websites for backlink building, because Google tends to avoid it. Always choose to build high-quality, relevant and worthy backlinks.
2. Don't rush to get your backlinks indexed pause for a while. What I mean is let it happen naturally. Google needs time to index new pages. So wait for google to crawl and index your backlinks. It takes around 1 - 2 weeks to index however it can go longer, so be patient and get backlinks indexed naturally.
3. Submit backlinks to Google Search Console (Google Webmaster Tool) for indexation. This is the easiest way to get your backlinks indexed faster.
4. Other way is to share your links on social media. It makes google easy to discover your desired URL and also passes social link juices. It will also be helpful in attracting new audience to your page/website.
5. If all of this doesn't work you can ping your pages URL's via backlink indexer tools.  Pinging will notify google about your new pages or blogs on your website.

Google is always updating its algorithm for different parameters and it eventually affects the performance of your website.
So to keep yourself updated, here are the best SEO news websites you should keep your eyes on.

1. Search Engine Roundtable
2. Search Engine Land
3. Google Search Central Blog
4. Safari Digital School Blog

Although having a fantastic URL structure for SEO may seem obvious, it is frequently disregarded. Actually, URLs are the foundation of your website and have the power to increase or decrease traffic. Use readable and appropriate keywords. remove dynamic parameters and when necessary, use hyphens and underscores and also keep it short.