The cryptocurrency market is in turmoil as Bitcoin experiences a dramatic drop. In just eight days, the leading digital currency fell from $99,000 to $79,000, marking a significant $20,000 decrease. This decline has wiped out all the gains that were driven by the enthusiasm surrounding President Trump's pro-crypto policies. The market has seen nearly $700 billion evaporate, leaving investors and analysts questioning the reasons behind this sudden downturn.
This staggering loss in Bitcoin's value has left many speculating about the underlying causes and future predictions. The unexpected decline is a harsh reminder of the volatile nature of the cryptocurrency market and calls into question the stability of recent policy-driven gains. As investors navigate through the turbulence, the pressing question remains: how low will Bitcoin go?
Источник: coinpedia.org ↗