Crypto Stocks Plunge as Bitcoin Drops Below $84,000 and Trading Volume Collapses

The cryptocurrency market faced significant downward pressure as leading crypto-related stocks experienced sharp declines. This sell-off coincided with a substantial drop in spot trading volumes across major exchanges and a key technical breach for Bitcoin (BTC), which fell below the $84,000 support level. The simultaneous decline in asset prices and market activity points to a period of heightened caution and profit-taking among investors. Analysts are monitoring the situation closely, as this combination of factors often signals a shift in short-term market sentiment and could indicate increased volatility ahead for both digital assets and the public companies tied to the crypto ecosystem.