The price of Bitcoin (BTC) is extremely volatile due to several factors, including the relatively small size of the cryptocurrency market, speculation and public sentiment, the scarcity of Bitcoin, and the influence of "whales" or large investors ¹. In addition, the cryptocurrency market is highly influenced by market sentiment, regulatory developments, and world events ¹. In the past 24 hours, the price of Bitcoin has dropped by 4.78% ².

#Bitcoin is dropping sharply due to the impact of massive sales by whales and is no longer considered a good investment. Unfortunately, whales only fill their pockets, people lose and few are the ones who win.

Take your precautions and this can either get better or worse.