Bitcoin has surpassed several support levels, one of which is the $85,000 mark. The cryptocurrency reached this level after a series of consecutive drops. As of 5:18 p.m. in New York on Friday, Bitcoin was trading at around $85,130. Earlier that day, it had fallen 7.6% to $80,553, and the currency remains in a state of fluctuation. At these low levels, the world's largest cryptocurrency is expected to see its worst month since the collapse of Terra and the FTX exchange in 2022. This period led to a series of events. The decline has deepened selling activity, wiping out nearly 25% of its value this month.
