Bitcoin plummets, LINK crashes nearly 10%, the market is in turmoil!
Bitcoin's performance at the end of the year is disappointing! It has dropped sharply from its historical high of $108,000 to below $94,000, a drop of as much as $14,000 in just one week! Not only is BTC under pressure, but altcoins are also in deep trouble, with coins like AVAX, LINK, and SUI plummeting; Chainlink even approaching a 10% drop, with prices falling below $22!
The total market cap of the crypto market has shrunk by $150 billion in the past two days, dropping to $3.4 trillion. Market panic is spreading, with bears and short sellers controlling the situation. Will this downtrend continue? Has the market entered a period of deep adjustment?
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