The cryptocurrency market is currently facing significant turmoil as Bitcoin (BTC) experiences a sharp decline, falling below the $95,000 mark. This unexpected dip has caused concern among traders and crypto enthusiasts worldwide. As a result of this downturn, the total market capitalization has decreased by 2%, now standing at $3.27 trillion, reflecting the widespread apprehension in the market.
Moreover, daily trading volumes have also seen a substantial drop, declining by 15% to a total of $138 billion. This reduction in trading activity highlights the uncertainty and caution prevalent among market participants in light of Bitcoin's recent price performance.
Bron: en.bitcoinhaber.net ↗