Bitcoin
$BTC In the past 24 hours, the price of Bitcoin has plummeted nearly 5%, trading at $86,415.88 at the time of writing.
BTC's latest drop coincides with a weakening of technical momentum and a depletion of market liquidity—this increasingly dangerous combination continues to impact short-term price movements.
Despite the lack of any news catalysts, Bitcoin plunged thousands of dollars in just a few minutes, highlighting the fragile liquidity conditions in the trading environment for most of this year. This structural liquidity issue, the report noted, often results in unusually lar