On March 5, Bitcoin hit a notable milestone of surpassing $69,000 for the first time since 2021, setting a fresh all-time high. Nonetheless, this was soon followed by a rapid drop, with Bitcoin’s price falling by 8% from $69,173 to $63,801. Therefore, let’s investigate the causes behind this abrupt downturn in Bitcoin’s value. While did The post Why Bitcoin Price Dropped 8% after Hitting All-time High? appeared first on CoinGape .
