Bitcoin price dropped further by 6.1% in the last 24 hours to trade at $55,475 during European business hours on Friday. The decline follows that of the global stock market, which seems to be in recovery mode. The NASDAQ, DOW, and S&P 500 indices saw 1.09%, 0.67%, and 0.31% upticks, respectively. Meanwhile, Solana price broke below a key trendline but remains safe as long as it’s above $121.