Bitcoin ($BTC ) has been experiencing relatively stagnant price movements, hovering between $98,000 and $105,000 in recent times. Several factors have contributed to this condition. One of the main causes is the sell-off in the technology sector, which was triggered by the announcement of a more affordable AI model by Chinese AI startup DeepSeek. Although not directly related to Bitcoin, this negative sentiment has affected the overall market, including crypto assets. In addition, the decision of the United States Federal Reserve to maintain its benchmark interest rate at 4.25% has also affected Bitcoin's price movement. Monetary policies like this often have an impact on risky assets, including crypto.
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