Bitcoin Plummets Below $57,000 Amid Fears of Further Decline to $50,000

The recent downturn in Bitcoin’s price has caught the attention of investors and analysts alike. From highs surpassing $60,000, Bitcoin has lately seen significant drops below $57,000. Markus Thielen from 10x Research noted this downward trajectory was somewhat expected, citing data from early June. Bitcoin’s latest price dip below $57,000 has sparked speculation about a