On Sunday, December 22, the price of Bitcoin fell below the $96,000 mark, reaching a weekly low of $95,135.

The decline may have followed the statement by Federal Reserve Chairman Jerome Powell that interest rate cuts would slow down in 2025. Powell also emphasized that the U.S. central bank is prohibited from holding Bitcoin as a reserve asset. Since his comments last week, Bitcoin has dropped more than 11% from its peak value of December 17 at $108,364.

Despite the current decline, experts remain optimistic about Bitcoin's future. According to some forecasts, by 2025 BTC could rise to $150,000 or even more, driven by increasing institutional interest and favorable regulatory policies under the Trump administration.

Meanwhile, the price drop on Sunday triggered liquidations of $258.26 million in the derivatives markets, including $30.12 million from long positions in Bitcoin.

Some participants in the crypto market view this decline as a healthy correction within a broader upward trend, prompting caution.