Bitcoin’s Price Slump and Altcoin Movement: Market Watch

After a significant dip last week, Bitcoin (BTC) has shown resilience, recovering to over $110,000 following a low point of under $107,000. This recent rebound follows a downtrend that saw prices plummet from over $115,000 on Sunday evening to just under $111,000 by Monday morning. Despite brief recovery attempts, bearish pressure persisted and ultimately pushed BTC below $108,000 during the weekend before settling near $107,000 on Monday morning, its lowest point since July 4th.