𝐁𝐢𝐭𝐜𝐨𝐢𝐧 𝐔𝐩𝐝𝐚𝐭𝐞: 𝐓𝐡𝐞 𝐂𝐫𝐮𝐞𝐥 𝐁𝐫𝐞𝐚𝐤 𝐔𝐧𝐟𝐨𝐥𝐝𝐬🚀

🚨Bitcoin continued its slide on Friday slipping below the $94,000 mark. It was its fourth consecutive decline amid soured sentiments following Federal Reserve Chair Jerome Powell's hawkish tone and comments on the potential of a Bitcoin reserve. Around 6 pm India time, BTC was trading at $93,637.04, down by 8.25%.

In a press conference on Wednesday, Powell stated that the US central bank has no intention of being involved in any government efforts to stockpile large amounts of Bitcoin.

The world’s most prominent cryptocurrency is not alone in its downward spiral—Ethereum and other leading digital assets have also faced substantial losses.

This marks a stark contrast to the record-breaking highs Bitcoin saw earlier this year, fueled by optimism and growing institutional interest.