#BTCNextMove This week, Bitcoin has experienced notable volatility in its price.
On Tuesday, it reached a new all-time high of approximately $108,000.
However, following statements from the Chairman of the U.S. Federal Reserve, Jerome Powell, indicating that the institution cannot own Bitcoin due to legal restrictions, the price suffered a significant drop, falling to as low as $92,000.
Currently, Bitcoin is trading around $96,000, which represents a decrease of approximately 5% compared to the previous week.
This volatility reflects the sensitivity of the cryptocurrency market to statements from financial authorities and investor expectations. What is the next move? Do they have good expectations? .
Crypto Madam ✨