Bitcoin’s price has been volatile in the past few weeks, initially reaching $70,000 before experiencing a sudden drop of more than 4%. This sharp decline resulted in a high number of liquidations in the market and caused anxiety among traders. Prior to this downturn, Bitcoin was in a period of price consolidation, suggesting the possibility of reaching new highs, a typical occurrence in the fear and greed cycles of the cryptocurrency market. Stay up to date with the latest technology news by visiting NEWSLINKER.