Bitcoin has recently fallen out of the top 10 global assets by market cap after heavy liquidations pushed its value down. This drop comes amid a wave of sell-offs, with many investors liquidating leveraged positions to avoid further losses. The market’s volatility and broader economic concerns, like inflation and tighter monetary policies, have added to the uncertainty.
For Bitcoin investors, this sharp decline has raised questions about its long-term stability as a store of value. While some still believe Bitcoin could recover, others worry this could signal a longer-term downturn. For now, the future of Bitcoin remains uncertain, and the cryptocurrency market continues to show its unpredictable nature.
BTCUSDT
Perp
68,737
-2.29%