According to data from Coinys, the price of Bitcoin (BTC) has fallen below the $104,000 mark. As of writing, BTC is trading at $103,963.44 on the Binance USDT market. This decline comes amidst a period of volatility in the cryptocurrency markets, with several other major coins also experiencing price drops. The reasons behind the recent market downturn are not entirely clear, but some analysts believe that it may be due to a combination of factors, including profit-taking by early investors, regulatory concerns, and a broader sell-off in the financial markets. Despite the recent price drop, Bitcoin remains the largest cryptocurrency by market capitalization, and many investors are still bullish on its long-term prospects. However, it is important to note that the cryptocurrency market is highly volatile, and investors should always exercise caution when making investment decisions.

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