The Bitcoin currency has witnessed a notable decline in recent days, as its value dropped below $80,000, the lowest level it has reached since November 2024. In the latest transactions, Bitcoin fell by more than 5% to reach $79,666.
This decline comes after a period of relative stability in the cryptocurrency market and is attributed to several potential factors, including fluctuations in global financial markets and increased selling by investors. It is worth noting that Bitcoin lost approximately 17% of its value during the past week, dropping from $98,000 to around $86,000.
It is important to mention that the digital currency market is known for its high volatility, and Bitcoin has previously experienced sharp declines followed by significant increases. Therefore, investors are always advised to exercise caution and continuously monitor market developments.
