The trade price of the majority of flagship crypto assets plummeted badly because of multiple factors and crypto analysts believe it will inject a very high
The price of most major cryptocurrencies has crashed drastically due to several factors, and crypto analysts believe it will create a high level of panic among crypto investors.
The current price of Bitcoin (BTC) is $60,967. Several factors have increased sell pressure in the Bitcoin and other crypto asset markets.
#Bitcoin plummeted below $61k level: Opportunity to accumulate BTC pic.twitter.com/CTlCYCKHkA
Michael Saylor, a well-known Bitcoin advocate and chairman of the Bitcoin bullish firm Microstrategy, indirectly suggested that people take this moment as an opportunity to accumulate Bitcoin.
₿uy #Bitcoin before you need it. pic.twitter.com/NefBSqMlTI
During the same period, the price of Solana (Sol) Cryptocurrency crashed by more than 7%+. The current price of Sol coin is $128 and this price is 3.7% down over the last 24 hours.
Today the lowest price Sol coin was $123, due to the bearish sentiments in the crypto market.
News source:https://www.kdj.com/cryptocurrencies-news/articles/bitcoin-btc-market-sentiment-btc-approaching-critical-level-cycle.html
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