Bitcoin (BTC) experienced a significant drop, falling below the $113,000 mark, according to recent market monitoring by cryptonewsterminal. This downturn reflects ongoing volatility within the cryptocurrency market. On Binance USDT market, BTC is currently trading at $112,992.01. Investors are closely watching market trends as Bitcoin attempts to regain stability. Factors contributing to this price decline could include increased regulatory scrutiny, profit-taking by large holders, and broader macroeconomic concerns impacting investor sentiment. Traders are advised to exercise caution and conduct thorough research before making any investment decisions. Stay tuned for further updates as the situation unfolds. ```