#BTCOutlook

Bitcoin surges back to $100,000 on huge $20 trillion prediction

Bitcoin has fallen sharply, falling along with stock markets, after the Federal Reserve warned that inflation remains sticky and BlackRock spooked the market.

The price of bitcoin has fallen to $90,000 per bitcoin, dragging down the broader crypto market and wiping about $500 billion in value from the $3.2 trillion crypto market.

Bitcoin’s roughly 10% drop in the past 24 hours has been dwarfed by ethereum and smaller, top-ten cryptocurrencies — including solanum and dogecoin — which have plunged between 15% and 25%.