Bitcoin (BTC) is experiencing a significant downturn after a period of gradual rise, which is adversely affecting altcoin markets. The search for a new daily low in BTC has caused sharp declines in the market.
This volatility in BTC prices has led to notable losses in altcoins, showing the strong correlation between Bitcoin’s performance and that of other cryptocurrencies.
The dip in BTC has created a ripple effect, heightening the challenges for altcoin investors.
