Now That Bitcoin USD is Dead What’s Next? BTC Price Slides Below $106K as U.S. Bank Turmoil Rekindles 2023 Flashback
NegativeCryptocurrency

Bitcoin's price has dropped to a 15-week low of $105,000, largely due to renewed stress in U.S. regional banks, which has reignited fears of a potential credit crunch. This situation is reminiscent of the financial turmoil seen earlier in 2023, particularly following the collapse of lenders like Tricolor and First Brands. The decline in Bitcoin's value not only reflects the instability in the banking sector but also raises concerns about the broader implications for the cryptocurrency market and investor confidence.
— Curated by the World Pulse Now AI Editorial System