Bitcoin fell 1.16% very quickly, making people panic and sell their Bitcoins. This sudden drop occurred as some bad economic news emerged in the US. The news suggests that more people have lost their jobs than expected, and there may be huge losses at US banks. This makes investors worried about the economy, so they sell their Bitcoin quickly. Bitcoin's value dropped to $68,718.89, causing a lot of trading activity as people tried to sell quickly. Bitcoin is the largest cryptocurrency and is losing some of its value, reflecting how shaky the market as a whole is. This event reminds us that cryptocurrencies can change a lot, especially when there is bad news about the economy. Despite the decline, Bitcoin is still a major player in the market. This shows how important it is to follow the news, especially when dealing with cryptocurrencies. The information comes from CoinMarketCap, but it is important to remember that it is for reference only and may not be completely accurate.

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