$BTC just dropped 5%, falling to $97K. Altcoins took a hit too, and some of them, like $JASMY suffered double-digit losses.

The sell-off follows strong US job data, raising concerns about delayed Fed rate cuts. Over $330M in long positions were liquidated in 24 hours, adding pressure.

However, Bitcoin's long-term outlook is still positive - institutional interest remains strong, and potential regulatory changes are very promising to the sector.

If you have long-term faith in your crypto investments and trust in their potential, short-term corrections shouldn’t be a source of worry. 🤗