Bitcoin's price has experienced a significant decline, failing to breach the $70,000 threshold and sliding towards a bottom of $60,000. This sharp drop has led to $316 million worth of liquidations in the Bitcoin market over the past 24 hours. The turbulence in the market highlights the current volatility and the risks associated with Bitcoin trading.
The recent downturn has attracted attention from traders and investors who are closely monitoring Bitcoin's performance to gauge future trends.