## Title: Bitcoin Plummets to $87,000 in Sudden Dive: Reasons Behind the Market Decline
### Introduction
The cryptocurrency market witnessed a dramatic shift as Bitcoin’s price plummeted to below $87,000, casting a shadow over the start of December. Just days after hovering around $92,800, Bitcoin faced a substantial downfall, experiencing a swift $5,000 drop within a short span.
### Factors Leading to the Plunge
#### Fluctuations in Crypto Markets
The sudden crash in Bitcoin’s price aligns with a broader trend of volatility in the cryptocurrency markets. This instability has not only impacted Bitcoin but also affected other major cryptocurrencies like Ethereum.
#### Liquidation Pressure
The sell-off in the market can be attributed to a significant liquidation process that has contributed to the downward spiral. Investors facing margin calls and market uncertainties have triggered a wave of selling, leading to the price decline.
#### Market Sentiment Shift
Amidst the price dip, there has been a noticeable shift in market sentiment. Fear and uncertainty have gripped traders and investors, prompting them to offload their holdings and seek safer assets, resulting in the sell-off.
### Conclusion
The recent plunge in Bitcoin’s price serves as a stark reminder of the inherent volatility in the cryptocurrency space. As the market grapples with fluctuations and liquidation pressures, investors are advised to exercise caution and stay informed about the factors influencing price movements.
*[Source: CoinGape]*