Bitcoin, the world’s largest cryptocurrency, has fallen sharply to its lowest level in four months, triggering widespread concern among investors.
According to market data, Bitcoin’s price declined by 6.7 per cent to $99,936, slipping below the $100,000 mark for the first time since June. The drop comes just weeks after the digital asset hit a record high of $126,000, marking a decline of more than 20 per cent since its peak.
Other major cryptocurrencies also faced losses, with Ethereum down 10 per cent and XRP falling around 6 per cent.
The downturn in the crypto market coincided with a broader sell-off in US equities, where the S&P 500 fell 1.2 per cent and the Nasdaq dropped as much as 2 per cent.
Analysts say heightened investor caution and market uncertainty have contributed to th

The Express Tribune

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