Bitcoin's$BTC current price is around $85,808, with a 24-hour trading volume of $98 billion. The cryptocurrency has seen a decline of 5.18% in the last 24 hours and 13.04% in the past 7 days.
*Key Highlights:*
- _Current Price_: $85,808
- _24-Hour Trading Volume_: $98 billion
- _Market Cap_: $1.80 trillion
- _Circulating Supply_: 19,950,600 BTC
*Recent News:*
The price plunge is attributed to large-scale miner sell-offs, with $172 million worth of Bitcoin sold, and institutional outflows from spot Bitcoin ETFs, totaling $278 million. The Fed's cautious outlook and fading rate-cut hopes are also contributing to the market volatility ¹ ²#BTC90kBreakingPoint