BCH & WLFI Surge As Bitcoin Prices Stabilize At $84,000

Bitcoin’s price experienced a notable decline on Friday, plummeting below the $81,000 mark for the first time since April. This drop followed a dramatic correction from earlier highs and was attributed to selling pressure from large investors, as well as increasing outflows of Bitcoin ETFs. However, despite the bearish trend, bitcoin managed to recover slightly, settling at around $84,000. The relief rally was short-lived, with BTC continuing its downward trajectory. Meanwhile, other cryptocurrencies experienced contrasting fortunes. BCH and WLFI have surged by double digits since yesterday, while ZEC has witnessed a significant drop.