Bitcoin Falls Below $57,000 as Market Sentiment Weakens
CryptoNewsTerminal Staff07 Jul, 2024
Bitcoin Falls Below $57,000 as Market Sentiment Weakens
Bitcoin (BTC) plunged below the crucial $57,000 support level on Monday, marking a significant decline in the cryptocurrency market. According to Coinnes Market Monitoring, BTC dropped to $56,988.58 based on the Binance USDT market. The market witnessed a pessimistic sentiment, with traders expressing concerns over a potential extended correction.