Bitcoin Languishes Above $80K After Slumping to 4-Month Low Overnight 📉
The cryptocurrency market continues to experience bearish pressure, as Bitcoin briefly dipped below $77,000 overnight, reaching $76,624.25, the lowest in four months. After this dip, Bitcoin managed a modest recovery to hover above $80,000 by morning.
The overnight slump contributed to the cryptocurrency market's recent losses, amounting to over $1 trillion in value. This drop highlights the ongoing volatility in the market, impacting both Bitcoin and other cryptocurrencies. Observers are closely watching for any signs of stabilization or further declines as the market attempts to recover.
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