$BTC ๐ฅHere's the latest news about Bitcoin today: ๐จ๐จ๐จ
- **Bitcoin Steadies**: After a significant drop, Bitcoin's price has steadied. This was part of a broader decline in cryptocurrency markets due to increased geopolitical tensions in the Middle East.
- **Price Decline**: Bitcoin experienced a sharp price decline, leading to $256 million in long positions being liquidated. Analysts consider this a "normal drop" and a test of the bull market's resilience.
- **Market Impact**: Following an attack by Iran, Bitcoin slumped by 8%, marking its largest retreat since March 2023. The price drop is seen as a warning for global markets, with Bitcoin trading around $63,230 as of the latest update.
Please note that the cryptocurrency market is highly volatile, and prices can fluctuate significantly within short periods..
