[Market Update] Bitcoin goes deeper into decline…drops below $92,000

Bitcoin (BTC) continues to decline as it has fallen below the $92,000 level.

As of 6:55 AM on the 31st (local time), according to CoinMarketCap, Bitcoin is trading at $91,982.64, down 1.32% from the previous day. On the Upbit KRW market, it is trading at KRW 137,168,000, down 1.84% from the previous day.

Major altcoins, including Ethereum (ETH), are also showing a downward trend. Ethereum is trading at $3,323.85, down 0.65% from the previous day on CoinMarketCap, and Ripple is trading at $2.05, down 2.64% from the previous day.

Solana (SOL) is also down 0.57% from the previous day, hitting $189.25, while Binance Coin (BNB) is only trading 0.39% lower from the previous day at $695.21.