Bitcoin plunges into bear market territory, signaling end of record highs.

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As Bitcoin’s price tumbles by over 22% from its peak, marking its descent into a bear market, investors face a stark reality check after a prolonged period of soaring values. With prices dipping below $60,000 for the first time since February and recording the most significant drop since November 2022, anticipation mounts for potential record outflows amid the cryptocurrency’s downturn.

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