Bitcoin plunges over 10%, breaking below $83,000!
Bitcoin plunges over 10%, breaking below $83,000!Data from Everymind AI Flash shows that on March 4th, the price of Bitcoin continued its downward trend, breaking below the $83,000 mark to $82,964.76
Bitcoin plunges over 10%, breaking below $83,000!
Data from Everymind AI Flash shows that on March 4th, the price of Bitcoin continued its downward trend, breaking below the $83,000 mark to $82,964.76. This represents a significant drop of 10.76% within a 24-hour period. The decline continues the recent volatility in the cryptocurrency market, fueling investor concerns. The dramatic price swings of Bitcoin have become the norm, requiring investors to exercise caution and closely monitor market developments. This fall below $83,000 undoubtedly delivers a new shock to the market, and the subsequent trajectory remains to be seen. Currently, market sentiment is cautious, with investors generally adopting a wait-and-see approach. The cause of this sharp drop remains unclear and may be attributed to a combination of factors.
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