BTCUSD News Today, Nov 22: Bitcoin Plummets Below $85K Amid Surging Volumes

Bitcoin has dropped below $85,000, capturing attention across the crypto market. As of today, its price stands at $84,613.99. This marks a noticeable decline of 2.21% over the last 24 hours. High trading volumes — reaching over 2.7 billion — indicate escalating interest among investors even during this decline. Here, we’ll explore the factors behind this price drop and how market liquidity might be influencing the crypto market decline.