Amid the Federal Reserve's tough stance, cryptocurrencies are showing declines. Bitcoin fell 0.76% to trade around $90,200, Ethereum fell 0.88% to $3,119, and Dogecoin lost 1.12% to $0.3621.
Despite the decline, I am optimistic. I believe Bitcoin can reach $100,000 before the end of the year if the price holds above $91,900. Key support levels are $85,800–$83,250 and $75,520–$72,880, I plan to buy on dips.
The total crypto market capitalization fell by 1.25% to $3.01 trillion.
However, rising volatility and positive investor sentiment support expectations for a significant increase in Bitcoin's value in the coming weeks.
