Recently, Bitcoin experienced a significant drop in price.
Recently, Bitcoin experienced a significant drop in price. This decline is primarily attributed to the cautious stance of the U.S. Federal Reserve regarding future interest rate cuts. Although the Federal Reserve reduced interest rates by 0.25% for the third time, they indicated limited likelihood of further cuts in the near future. This created uncertainty among investors. Following this announcement, Bitcoin's price fell sharply, dropping below the psychological threshold of $100,000. This dro