The cryptocurrency market has once again found itself in turbulent waters. Bitcoin, the world's largest cryptocurrency, has experienced a sharp drop. As of 18:55 GMT, its price stood at $78,892.92, marking a 5% decrease. Ethereum, the second largest by market capitalization, has also seen a significant fall, dropping 9.62% to $1,617.65 by 18:59 GMT. These fluctuations raise serious questions about the current state of the crypto market, which continues to face persistent volatility.