Bitcoin Price Drop: BTCUSD Falls Below $104K Amid Market Volatility

Bitcoin’s price took a notable dip today, falling below $104,000. This drop in the BTCUSD market comes amidst heightened market volatility and consistent selling pressure, which have spurred concerns among investors and analysts alike. Over the past few weeks, Bitcoin has demonstrated significant fluctuations, leading to a current price of $101,468.15. Let’s delve into this price movement and the factors contributing to this trend.