Just hours ago, Bitcoin, which had been trading above the $71,000 mark, took a nosedive, plummeting to $65,086. This abrupt drop translated to an approximate 8% loss in Bitcoin’s value over the course of the day, marking one of the most significant declines in recent memory.

The ripple effect of Bitcoin’s downturn was felt throughout the entire cryptocurrency market, with nearly all coins experiencing a similar fate.&middot

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