Over the past few weeks, there has been a rollercoaster ride in the price of Bitcoin, with it reaching a high of $70,000 before taking a sudden nosedive of more than 4%. This unexpected drop resulted in a flurry of liquidations and heightened anxiety among traders. Prior to this downturn, Bitcoin had been in a phase of price consolidation, hinting at the possibility of reaching new highs, a typical occurrence in the cryptocurrency market’s cycle of fear and greed. Stay updated on the latest technology news by visiting NEWSLINKER.
