Bitcoin Plunges Below $73,000 Mark

Bitcoin's value saw a significant decrease on Tuesday, falling below the $73,000 threshold.

This decline positioned the cryptocurrency at its lowest price in nearly 16 months.

The digital token registered a low of $72,884.38, reflecting a drop of over 6% within the day. This current level marks the lowest recorded since November 6, 2024, when Bitcoin was trading at $68,898.