**Bitcoin Drops to $77,000 as Major Altcoins Experience Significant Declines**

Over the weekend, Bitcoin’s price fell sharply, briefly reaching nearly $75,000, its lowest point since April 2025. The cryptocurrency lost over 10% of its value within a few hours amid heavy selling activity. Several major altcoins also saw double-digit percentage drops during this period.

This sudden downturn has raised concerns about the market’s stability and the potential for continued volatility in the coming days.

**Why this matters**
Bitcoin and other cryptocurrencies are closely watched indicators of investor sentiment in the digital asset space. Significant price declines can impact market confidence and influence trading behavior. Understanding these movements is important for investors and analysts monitoring the evolving crypto market landscape.

Source: NewsData


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