Bitcoin (BTC) experienced a notable price dip, falling below $63,000 as investors engaged in profit-taking. This decline in Bitcoin's value has introduced increased volatility across the entire cryptocurrency market.
In addition to Bitcoin, major altcoins such as Ethereum (ETH) and Cardano (ADA) also saw significant price fluctuations. The overall sentiment in the market appears to be cautious as traders react to the recent downturn.
The post highlighting these market movements appeared initially on COINOTAG NEWS, underlining the widespread impact of this profit-taking trend.