BTC Nosedives by $58,000, Currently Trading Under $58,000

IconCryptoNewsTerminal Staff11 Jul, 2024

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BTC Nosedives by $58,000, Currently Trading Under $58,000

According to Cryptonewsterminal market monitoring, Bitcoin (BTC) has retraced $58,000 from its all-time high of $69,000. As of now, BTC is trading at $57,996.27 on the Binance USDT market. The market is experiencing high volatility and it remains to be seen whether BTC can regain its momentum or if this is the start of a deeper correction. ```