May 5, 2025

Why Is Bitcoin Down Today?

1 min read

Bitcoin bears gained dominance over bulls and caused BTC price to fall to below $59,000, hitting a 24-hour low of $58,402. The market sentiment has dipped from 74 (greed) last week to 30 (fear) today, indicating the severity of negative sentiment in the crypto market. Bitcoin dominance has dropped to 53.2% against altcoins, sparking speculation The post Why Is Bitcoin Down Today? appeared first on CoinGape .

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Source: CoinGape

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