Bitcoin (BTC USD) is 50% down from its peak - where is the world's largest crypto headed

Bitcoin BTC USD crypto market outlook: Bitcoin has plunged to $63,000, now half its peak value. Global trade worries and investor doubts are driving the sharp decline. This downturn differs from 2022's crash, with fewer major firm collapses. Some analysts predict a further drop to $50,000 before a potential recovery later this year.