Bitcoin Carnage Continues As BTC Disintegrates To $34K

Bitcoin Carnage Continues As BTC Disintegrates To $34K

The cryptocurrency market as a whole is once again blanketed in red, with Bitcoin falling to a multi-month low.

Bitcoin’s price has tanked for four consecutive days, breaching the psychological support level of $35,000. The probable freefall will drag BTC down to the $33,000 support level if sellers maintain this decline.

According to CoinGecko, the most popular and largest cryptocurrency by market capitalization lost 4.5 percent during the past 24 hours, breaching a crucial support level and posting a daily low of $34,405.

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The market capitalization of Bitcoin fell to $657 billion, CoinMarketCap data show. As of March 28, this number exceeded $900 billion.

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The price of BTC has crashed for

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