Bitcoin Price Plummets to $65,735 Amid Broader Market Weakness

Bitcoin's price has experienced a significant drop in recent days, falling to $65,735 on Saturday. This represents a decrease of 3% over the past day and 2.8% on the week. The cryptocurrency's decline is part of a broader trend of weaker-than-expected market performance.

The altcoin market has also been affected, with Solana dropping 6.7%, Ether falling 6.2%, Dogecoin shedding 5.1%, and XRP losing 4%. These losses are more pronounced than those experienced by Bitcoin, highlighting the increased volatility of these smaller cryptocurrencies.