BTC is currently valued at $62,000, but the crypto market is in for a rough ride. Even the biggest players are nervous as BTC seems poised to drop below $60,000, possibly reaching $45,000 or even lower soon. Small-scale investors are leaving in droves after suffering significant losses in the recent crash, causing daily trading volumes to plummet and market sentiment to hit a multi-year low. More turbulence is expected, but whales are working to restore confidence. Hold off on buying for now; I'll provide guidance on when to enter the market.
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BTC
58,113.99
+0.83%
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