BTC Breaks Below $54,000
CryptoNewsTerminal Staff04 Jul, 2024
BTC Breaks Below $54,000
BTC has broken below $54,000, according to Coinnis Market Monitoring. On the Binance USDT market, BTC is trading at $53,550. This is a significant drop from the coin's all-time high of over $64,000, which it reached in April. The reasons for the drop are unclear, but some analysts believe that it is due to profit-taking by investors.