Bitcoin Price Drop: Unveiling The Alarming Decline Below $113,000

Bitcoin Holds Strong as 91% of Supply Remains Profitable Despite Price Drop

Bitcoin (BTC) has declined 4.05% over the past week, reflecting continued volatility across the cryptocurrency market. Despite the drop, on-chain data from IntoTheBlock shows over 91% of circulating Bitcoin approximately 18.26 million BTC valued at $2.08 trillion remains In the Money, suggesting most holders are still in profit and less likely to sell. At the time of writing, Bitcoin trades at $113,344, down 1.64% in 24 hours after sliding from …

Bitcoin Price Drop: Unveiling The Alarming Decline Below $113,000

BitcoinWorld Bitcoin Price Drop: Unveiling the Alarming Decline Below $113,000 The cryptocurrency market, known for its rapid movements and unpredictable shifts, has once again captured the attention of investors worldwide. Recently, a significant development occurred: the Bitcoin price drop, with BTC falling below the crucial $113,000 mark. According to Bitcoin World market monitoring, Bitcoin is currently trading at approximately $112,980 on t…