Bitcoin Falls to $78,000 Amidst Profit-Taking and Low Liquidity
Bitcoin's value declined to $78,000 as early investors cashed out, leading to reduced liquidity and a lack of new buying interest.
Bitcoin has plummeted to $78,000, marking its lowest point since April. This downturn comes as early adopters begin to cash in their profits, which has coincided with a significant decrease in liquidity and a noticeable drop in new investor capital.