#Bitcoin at $100.4k now...

#Bitcoin price is experiencing a serious and sudden decline, and the cryptocurrency community is wondering what caused the decline.

The reason for the decline is thought to be the hawkish statements of the #FOMC following the #FED's interest rate decision today, as well as FED Chairman Jerome Powell's ongoing speech about slowing down the pace of interest rate cuts.

Following the interest rate decision, the $BTC price fell by approx. 3% and is trading at $100,400 at the time of writing.

The decline in the last 24 hours exceededs it 4%...

Present price value of $BTC

It's #Write2Earn topic..

Always DYOR and Trade with StopLoss.