Bitcoin Drops to $103K as Altcoins Tumble
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Bitcoin crashed to $102,400 but recovered as altcoins are charting considerable declines.
The broader cryptocurrency market continues struggling amid mounting geopolitical and economic pressures.
Bitcoin’s price has lost almost 3% on the day, while major altcoins such as Ethereum, Solana, Cardano, and others chart even more considerable declines.
Bitcoin Price Tumbles toward $103K
Bitcoin is charting a near 3% loss in the past 24 hours in what seems to be a broader crypto market selloff.
As seen in the chart below, the price tumbled from around $106,000 to an intraday low at $102,400 before bouncing and settling at where it current trades at the time of this writing.
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