The cryptocurrency market witnessed a downturn as Bitcoin's price fell below $93,000. This came after it reached an all-time high of $99,588 on Binance last Friday. The descent marks a decrease of over 6%, with Bitcoin hitting a low of $92,326.
In the last 24 hours alone, Bitcoin has seen a 3.6% reduction in its value. Analysts are discussing the top reasons behind this significant price drop, though specific reasons are yet to be detailed in the article.
