Bitcoin drops under $106,000 to hit its lowest level in months, Binance-linked coin also struggles — Here’s why
The global cryptocurrency market has experienced a sharp downturn, wiping billions of dollars in investor wealth. According to CoinGecko data, the market’s total value has plunged by over $600 billion in just a week, marking one of the steepest declines in recent months.
Bitcoin, the largest cryptocurrency, fell 4% to $103,550 on Friday morning, hitting its lowest level since June after reaching a peak of $126,000 in early October.
