Bitcoin Slides Below $78,000 Amid Ongoing Market Downturn

Bitcoin has experienced a sharp drop, falling below the crucial $78,000 mark for the first time in months. This marks a significant decline of nearly 30% since recent peak prices. The dip raises questions about potential market corrections and long-term investor behavior. While some traders see this as an expected correction after Bitcoin’s strong rally earlier this year, others remain concerned over deeper market vulnerabilities.