🚀 Bitcoin recently experienced a downturn, dropping below $100,000 after a promising start to the year. Bitcoin price dropped to $92,500, affected by the strengthening US dollar and the Federal Reserve’s monetary policy. The delay in interest rate cuts made the crypto market less attractive for the time being.
📉 The decline in technology stocks also added pressure. However, analysts see this as a normal phase in Bitcoin’s journey. Despite the short-term volatility, Bitcoin’s long-term potential remains bright, with a possible rally above $150,000 in the future. Stay calm and keep an eye on this exciting market movement!