The crypto markets experienced another significant pullback, losing over 2.2% in market capitalization just before the end of the last trading day. More than $100 billion has been removed from the markets.
Bitcoin's price has plunged heavily below $60,000, sending shock waves across the market. The selling pressure remains within a specific range, leading to heightened concerns among investors.
This downturn has circulated bearish trends throughout the crypto space, raising questions about what lies ahead for Bitcoin and the broader market.
