Bitcoin once again proves that it is not a safe haven asset. The most famous cryptocurrency drops over 20% today and is trading at the lowest level since May 2019. The coin even traded below the $6,000 mark at one point. However, Bitcoin is trying to recover from the drop.
Bitcoin is making a massive dive today. The coin trades over 35% off the mid-February peak. Source: xStation5
Oil rebounds to $100 📈Bitcoin drops below $70k
Daily Summary: Market Rollercoaster! Markets Up, Oil Drops Below 100 Dollars!
Crypto news 🚩Bitcoin falls again. Will oil spike hit crypto?
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