Unpacking the Bitcoin Plunge and Its Ripple Through Crypto
Ah, Bitcoin—our relentless beacon in the world of cryptocurrencies—is once again spinning on a downward trajectory. If you thought it was safe to bask in its glow, think again. For the first time in over a month, Bitcoin slipped beneath the formidable $110,000 threshold, crashing down to around $108,652, marking a significant dip of more than 2% within just 24 hours. This isn’t just a minor tremor in the extensive crypto landscape; it’s an alarming signal that should compel both seasoned investors and newcomers to reassess their strategies and expectations. As the cryptocurrency landscape wades through these choppy waters, peeling back the layers of this Bitcoin price plunge becomes crucial for anyone with an eye on this…