Bitcoin plunged to $88,522 Thursday, its lowest price in months, as a market-wide selloff wiped over $1 trillion from cryptocurrency valuations. The leading digital asset has now fallen more than 25% during a six-week slide that has shaken investor confidence.
While the drop appears dramatic, such corrections have historically created prime buying opportunities in Bitcoin’s volatile history. The current pullback mirrors previous cycles where sharp declines preceded significant rebounds.
For young investors, this volatility demonstrates why dollar-cost averaging remains crucial. Rather than fearing market dips, experienced traders recognize these moments as potential entry points. With the total crypto market still holding strong at $3.2 trillion despite recent outflows, the fundamental adoption story remains intact—suggesting current prices may represent value rather than danger.