Bitcoin (BTC) has dropped below the $35,000 mark, while other major cryptocurrencies such as Ethereum (ETH) and Dogecoin (DOGE) are also experiencing a downward trend. The Rise of the Bears The cryptocurrency market has been on a rollercoaster ride lately, with prices soaring to all-time highs and then suddenly plummeting. This week, the bears seem to have taken control, causing panic among investors and traders. Many experts are attributing this sudden dip to various factors such as regulatory concerns and profit-taking by institutional investors. Impact on Bitcoin (BTC) Bitcoin, being the largest and most popular cryptocurrency, is often seen as the bellwether for the entire market. Its current drop below $35,000 has caused a stir among investors. Some believe this is a temporary correction and a buying opportunity, while others fear a further downward trend. As always, the market remains unpredictable and volatile, making it crucial for investors to ...
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