Bitcoin Plunges Below $84,000: Market Analysis & Potential Impact

Bitcoin prices have experienced a notable downturn, falling below the crucial $84,000 threshold. Real-time data on Binance’s USDT market reveals BTC currently trading at $83,977.13. This decline has ignited questions about whether it represents a minor correction or the beginning of a broader trend shift. Let’s delve into key factors contributing to this drop and explore its potential implications for investors.