Bitcoin Drops Below $109,000 as Market Volatility Engulfs Digital Assets

The cryptocurrency market is experiencing significant volatility, with Bitcoin (BTC) recently plunging below the crucial $109,000 mark. This drop has sparked questions about market stability and future trajectories. Real-time data from platforms like Binance USDT shows that BTC briefly traded at $108,992.13 before recovering. While this recent dip may seem concerning to those holding Bitcoin assets, it is essential to understand the factors contributing to these price swings.