After hovering around $59,000, Bitcoin experienced a significant downward pressure, falling to an intraday low of $57,775 on Friday.
Over the previous 24 hours, Bitcoin (BTC) lost 4.6% of its value, while Ethereum (ETH) tumbled by 5.4%.
The market plunge on Friday resulted in considerable liquidations, contributing to the overall market decline of $178 million.
Source: news.bitcoin.com ↗