Bitcoin Plunges 11%, Reflecting Market Uncertainties

Bitcoin’s price experienced a sharp decline this week, falling to its lowest point in six months as macroeconomic concerns and sector-specific worries weighed on investor sentiment. The cryptocurrency has dropped approximately 11% since Monday, reaching a six-month low of $94,590 amid broader risk-off sentiment. This volatility follows recent weakness in the technology sector and persistent regulatory scrutiny, contributing to cautious trading by investors. ]