🚨 Bitcoin Takes a Dip, But Don't Panic! 🚨

Bitcoin (BTC) took a 5.5% nosedive, hitting $62,498, its lowest in two weeks. The culprits? No interest rate cuts from the US Fed and a whopping 47,000 BTC released from the Mt. Gox estate. Traders are jittery, fearing a drop to $57,000.

But wait! BTC futures and options markets are chill. Futures premiums dipped but stayed neutral, and options show balanced demand. So, no need to freak out just yet!

💬 What do you think? Will BTC bounce back or dive deeper? Share your thoughts below! ⬇️

#Bitcoin #CryptoNews #MarketTrends