Bitcoin's price has experienced a notable decline, dropping below the $97,000 mark. Over the past hour, the price ranged from $96,318 to $97,286, with a significant impact seen in the market.
Currently, Bitcoin's market capitalization is valued at $1.92 trillion, while the 24-hour trade volume stands at $70.59 billion. The intraday trading session showed price movements between $96,318 and $102,614.
This recent price dump follows commentary from the U.S. crypto czar, who mentioned that the President has asked him to "evaluate" a potential strategic bitcoin reserve.
Source : news.bitcoin.com ↗