Bitcoin Price Drops Below $87,000 Amid Worsening Crypto Market Weakness

The price of Bitcoin (BTC) has experienced a significant decline, falling below the $87,000 threshold. This drop is part of a broader downturn affecting the cryptocurrency market, where weakness continues to intensify. The movement highlights increased selling pressure and volatility within the digital asset space. Market analysts are monitoring key support levels as the decline reflects a bearish sentiment among traders. The overall crypto market cap has decreased in tandem with Bitcoin's plunge, indicating a correlated weakness across major altcoins. Investors are advised to exercise caution and stay informed about market developments.