May 9, 2025

Bitcoin Hits New Low as ‘Buy the Dip’ Sentiment Grows

1 min read

The cryptocurrency market is experiencing dramatic declines today, with Bitcoin dipping to $49,000 before stabilizing at $52,400. Ethereum, the second-largest cryptocurrency, has also fallen to $2,100. This massive dip has liquidated many investors who have bet on the continued uptrend of the crypto market. Data from Coinglass highlighted a $1.12 billion liquidation, with more than The post Bitcoin Hits New Low as ‘Buy the Dip’ Sentiment Grows appeared first on Coin Edition .

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