The cryptocurrency market is facing another round of heavy losses as Bitcoin dropped below $104,000, reaching its lowest level since June. This decline marks a 3.2% fall in just one day and a steep 17.5% drop from its all-time high in early October. The fall has also affected other major cryptocurrencies, creating a wave of panic among investors and traders across the market.

Analysts will be tracking activity on major exchanges like Coinbase Global Inc. (NASDAQ: COIN) to…

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