This dramatic decline is a textbook example of what entering a bear market looks like. It's an industry term for when an asset's value plummets so rapidly that it resembles a bear's claw.



In the last 24 hours alone, Bitcoin's price fell to $89,471 (€77,210), nearly 30% below its late-October peak, and the market recovered slightly early Tuesday.

"Bitcoin is continuing its decline, trading around $90,000, down about 2%, driven by concerns about the overvaluation of the tech sector and the general risk aversion impacting global markets," explains Victoria Scholar, head of investment at Interactive Investor.$BTC #TopGainersInADownMarket #BitcoinPriceWatch #BuyTheDipOrWaitNow? #WhichSectorsAreYouWatchingIn2025? #ContentMining&EarnRichCommission #AreYouBullishOrBearishToday?
BTC-2.16%
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