BTC price falls towards $68,000, market capitalization shrinks by over $60 billion.

The price of Bitcoin fell to $68,000, and its market value shrank by more than $60 billion in a single day to $1.37 trillion, a new low in nearly three months. Over the past six weeks, Bitcoin's market capitalization has evaporated by approximately $370 billion, a 21% decrease since the beginning of October.