Bitcoin's price dipped below the $54,000 mark on Friday, continuing its downward trend over the past week. The cryptocurrency's value slipped by 3.5% compared to the previous day, reaching a low of $53,810. This level has not been seen since early August.
In just 4 hours, the market saw a staggering $93 million liquidated as a result of the crash. This significant liquidation highlights the market's volatility and the substantial risks associated with trading digital assets.
