BTC Price Drops Below $67,000 Amid Market Volatility

IconCryptoNewsTerminal Staff11 Jun, 2024

cryptonews.jpg

BTC Price Drops Below $67,000 Amid Market Volatility

On November 9, 2021, the price of Bitcoin (BTC) fell below $67,000, marking a significant dip in recent weeks. According to data from CoinMarketCap, BTC dropped to $66,991.11 in the Binance USDT market. This decline comes amid heightened market volatility and a sell-off in various altcoins. Analysts attribute this drop to a combination of factors, including profit-taking, regulatory concerns, and broader market sentiment.