#BTCNextMove Bitcoin plunges over 8%, dips below $94,000 as Jerome Powell dismisses speculation on BTC reserves

Bitcoin continued its slide on Friday slipping below the $94,000 mark. It was its fourth consecutive decline amid soured sentiments following Federal Reserve Chair Jerome Powell's hawkish tone and comments on the potential of a Bitcoin reserve. Around 6 pm India time, BTC was trading at $93,637.04, down by 8.25%.