Bitcoin falls to a two-week low! Multiple negative factors put pressure on the cryptocurrency market, and investors remain cautious and wait-and-see after the sell-off.
According to the Wisdom Finance APP, on Tuesday, Bitcoin continued its decline. After experiencing a "forgettable" October, the world's largest digital asset continues to be under pressure due to the strengthening of the US dollar and a new round of chaos in the decentralized finance (DeFi) field. Bitcoin fell by 2.5% to $104,179 at one point, hitting a two-week low. At the same time, the second largest cryptocurrency, Ethereum, fell by 3.4%, breaking below the $3,500 mark, further expanding the decline from its previous high.
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