BTC USD price drops to $77,000: Why is Bitcoin crashing today? Inside the key forces driving the crypto's sudden bearish turn
Bitcoin BTC USD price crash: Bitcoin's price dropped sharply to near $77,000 on Monday, marking its lowest point since last April. Heavy liquidations and a decline in risk appetite, influenced by global events and Fed chair uncertainty, fueled the sell-off. Ether and other altcoins also saw significant declines. The market experienced substantial value loss, with analysts predicting short-term price fluctuations.