Bitcoin Price Today: Understanding the Factors Behind the $100K Drop
The cryptocurrency market experienced a significant milestone on December 5, briefly reaching the $100K mark. However, the euphoria was short-lived, and the market soon retreated, closing on the same day at $96,902.91. Analysts attribute this swift decline to various factors affecting market sentiment and trading behavior. Understanding the reasons behind this drop can help investors make informed decisions moving forward. As Bitcoin’s price settles, market participants remain vigilant for future opportunities and potential rebounds.