The market for cryptocurrencies is notoriously volatile, and right now, Bitcoin is declining.
Bitcoin is currently trading at $96,799.14 as of 8:57 AM EST, down $604.53 (0.62%) from its last close.
Although the market’s future cannot be predicted, this sharp decline raises questions about whether Bitcoin is ready to enter a bear market.
Investors are keeping a careful eye on whether this is the beginning of a longer-term decline or only a brief drop.
Source (CNBC)
