Cryptocurrency Market Experiences Sudden Volatility Spike

Investors woke up to Bitcoin prices dipping below $90,000, only to see them surge back to reclaim that threshold. This dramatic price fluctuation, coupled with a notable decline under $102,800 last week, raised concerns among investors about potential market instability. While today’s market conditions aren’t entirely unexpected, such rapid shifts in cryptocurrency prices are unsettling nonetheless. So what’s driving this volatility surge across the crypto world?