Bitcoin Price Crashes, Drags Down All Altcoins
Bitcoin fell sharply after reaching a new all-time high, losing more than 10% in just a few days. This drop is attributed to decisions by the Federal Reserve and a lower demand for Bitcoin as a store of value. Other major cryptocurrencies such as Ethereum and Solana also suffered significant losses. Despite this drop, some analysts maintain a positive forecast for Bitcoin in the long term, projecting much higher prices in the future.