Bitcoin during the previous week. From approximately $59,800 on April 25 to approximately $59,000 on May 2, the price has dropped significantly. This is a about 23% drop.
It is imperative to acknowledge that this is merely a transient pattern. Because of its extreme volatility, the price of Bitcoin has dropped before. For instance, the price of Bitcoin dropped by about 30% in a single day in January 2023.
Source (CNBC)
