Why has bitcoin declined 8% in the past two days?
Could you elaborate on the reasons behind Bitcoin's 8% decline in the past two days? Are there any specific market events or news that have sparked this drop? Has there been a surge in selling pressure, or are investors becoming more cautious due to concerns about regulation or the cryptocurrency's volatility? What's the general sentiment in the crypto community regarding this decline, and how might it affect Bitcoin's long-term prospects? Your insights would be greatly appreciated in understanding this market movement.