BTC Price Watch: Falls Below $68,000
CryptoNewsTerminal Staff31 May, 2024
BTC Price Watch: Falls Below $68,000
According to CryptoNewsTerminal Market Monitor, BTC has fallen below $68,000. Based on the Binance USDT market, BTC is trading at $67,984 at the time of writing. This follows a recent surge in Bitcoin's price, which had reached an all-time high of over $69,000 earlier this week. The reasons for the recent decline in BTC's price are not entirely clear, but it may be due to a combination of factors, including profit-taking by investors and concerns over the regulatory landscape for cryptocurrencies. Despite the recent dip, BTC's price is still significantly higher than it was at the start of the year, and many analysts believe that it has the potential to continue to rise in the long term.
