In a recent crash, Bitcoin, the leading cryptocurrency, has seen a significant 6.4% drop, taking its value to $58,777. The Bitcoin price decline occurred at 22:18 GMT on Tuesday. The digital currency, which is the most recognized in the world, has seen a substantial decline from its yearly high. Specifically, Bitcoin has fallen 20.3% since its peak value of $73,794, recorded on March 14. This decline marks a notable shift in the cryptocurrency market, reflecting a period of volatility for Bitcoin.