Bitcoin Battles Market Volatility: A Look at Recent Trends

Bitcoin’s value dipped below the $100,000 mark this week, sparking concerns as last week’s decline continues to ripple through the market. Tech stocks took a hit, and institutional investors are becoming cautious about risk exposure. Several altcoins also felt the impact, with Ethereum, XRP, Solana, and Cardano experiencing losses ranging from 8% to 16%. Analysts suggest this downturn is driven by technical factors like decreasing ETF inflows and increased sales from long-term holders.