Bitcoin's Rebound Fizzles Amid Global Market Volatility

Bitcoin's recent rebound has come to an end as the cryptocurrency slipped back down to nearly $65,000. This marks a significant decline from its all-time high of $126,080 and follows a week of turbulence in the market.

The S&P 500 and Nasdaq have also experienced losses, with the former falling 0.7% and the latter slipping 1.15%. Gold has seen a slight increase, rising by 1.4%, as investors seek safe-haven assets.

Other major cryptocurrencies such as Ethereum, XRP, and Solana have followed suit, dropping between 3-5% in value.