Since the weekend, Bitcoin has performed poorly. It dropped below $60,000 yesterday and is currently in danger of dropping below $50,000 today. The cryptocurrency is dipping below the critical mark for the first time since February. Additionally, traders are fully in a “flight to safety” mentality across all markets at the moment of the severe selling.
Looking around, Ether is presently at its lowest level since February and has dropped a staggering 16% today to $2,239 in value.
@Rawsalerts posted on X, “#BREAKING: Bitcoin has just fallen below $50,000” therefore confirming the news.
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