Bitcoin fell below $56,000 on September 5, its lowest level in a month. The main reasons for this decline were instability in global stock markets and significant outflows from US spot Bitcoin ETFs. Such price fluctuations in cryptocurrency are not uncommon.

Cryptocurrency market always keeps us on our toes! Global stock market instability and US Bitcoin ETF outflows definitely played a role in Bitcoin's recent dip. Volatility is just part of the game!