The price of Bitcoin (BTC) experienced a downturn, falling below the $118,000 mark on July 22.
Data from prominent quotation services indicated Bitcoin trading at approximately $117,950, representing a decline of 0.75% over the preceding 24 hours.
This price movement underscores the ongoing volatility characteristic of the cryptocurrency market, serving as a reminder of the sector’s inherent price fluctuations.
Market analysts continue to monitor Bitcoin’s behavior closely, with such shifts factored into assessments of market sentiment and potential trends.