Bitcoin Drops Below $105K Amidst Concerns Over U.S. Banking and China’s Tensions

Bitcoin’s price dropped below the $105,000 mark today, reaching a 15-week low as concerns surrounding U.S. regional banks and ongoing tensions with China triggered market volatility. The cryptocurrency is currently trading at $104.767 after declining by 5.37% within the last few hours, reflecting a week-long drop of 13.95%. Trading activity has surged to $114 billion as investors react to sell-offs and Bitcoin’s market value stands at $2.1 trillion.