Bitcoin Plunges to $83K: The $1.68B Wipeout That’s Fueling a Defensive Shift Toward Presales
Global Cryptocurrency Markets, May 2025: Bitcoin, the flagship cryptocurrency, experienced a significant correction this week, with its price dropping sharply to approximately $83,000. This sudden decline erased an estimated $1.68 billion in leveraged long positions across major exchanges, according to aggregated data from blockchain analytics firms. The event has intensified discussions among analysts and investors […]
