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Can Bitcoin Bounce Back from This Drop? What Caused It and What’s Next?

The crypto market has been very unstable in the last 24 hours. Bitcoin (BTC) dropped over 6%, reaching a low of $94,725.

This caused many altcoins to also lose value, with the market cap dropping by more than $250 billion.

However, some altcoins, like Baby DogeCoin & Movement, still profited.