In a precedent-settling series of events, the price of Bitcoin has plummeted, crashing below the $85,000 benchmark. The flagship cryptocurrency, which had been on a historic rally for the most part of the year, has experienced a sudden and dramatic drop. The lingering economic uncertainties and potentially stringent regulations have considerably cast a shadow over the prospects of Bitcoin, leading to investors losing confidence. Experts in the field are, however, optimistic about the future potential of Bitcoin and view this as a temporary setback. Time will tell whether their optimism holds water or if these troubling times are here to stay. Read More
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