Bitcoin Price Plunge Extends to 11% as it Breaks $60,000 Mark
Tuesday, 5 March 2024, 20:00
Bitcoin's Price Volatility
The new money investing in bitcoin ETFs faces a harsh reality as the cryptocurrency experiences significant price swings.
Market Movement
- The price drop quickly breached $60,000 support, touching a low of $59,387 before recovering to $61,000.
- Bitcoin and Nasdaq have shown a strong correlation, both hitting record highs recently.
Volatility remains a key factor driving bitcoin's price movements and affecting broader market sentiment.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.