The price of bitcoin has fallen below the mark of 90,000 dollars for the first time in a month, amid a general decline in cryptocurrency prices. This drop is attributed to various factors, including changes in financial markets and cryptocurrency regulations. The price decrease of bitcoin affects practically all major digital currencies, causing concern among investors and traders worldwide.
However, experts suggest that this is a temporary occurrence related to market corrections, and soon the price of cryptocurrency may change its direction. Additionally, analysts note that cryptocurrencies retain the potential for long-term investments, regardless of the current fluctuations in prices.
"The drop in bitcoin’s price may appear alarming; however, it is important to remember that in cryptocurrencies, there is always a high level of volatility," - noted a financial analyst.
