Bitcoin Price Hovering Below $60k! Is More Downtrend on Cards?

The total market capitalization of cryptocurrency has dropped to $2.72 billion, down from above $3 trillion last week. While BTC and ETH prices have plummeted, altcoins have suffered far worse losses. Almost all of them have experienced double-digit drops. After a market-wide meltdown, the value of Bitcoin fell below $60,000, affecting Ethereum, Binance Coin, and …