Bitcoin’s Sudden Price Plunge Alarms Crypto Experts: Citing Global Trade Friction
Bitcoin’s Recent Price Volatility Shakes the Crypto World
Bitcoin, the king of cryptocurrencies, has seen a sharp decline at the start of December. Prices dropped 6% to around $85,788, bouncing back slightly from an 8% fall that pushed it to $83,879. This comes after a rough November, where Bitcoin lost about $18,000 in value—the biggest monthly drop since May 2021.
December is usually a strong month for Bitcoin, with past trends showing gains. But this year, the Bitcoin price plunge has sparked worry among investors and experts. What’s causing this downturn? Let’s break it down.
Understanding the Bitcoin Price Drop: Key Numbers and Trends
The crypto market is known for its ups and downs, but this drop stands out. From highs earlier…
