Bitcoin Retreats Below $97K as Federal Reserve’s Hawkish Stance Sparks Market Decline
Following a hawkish stance from the Federal Reserve regarding future interest rate cuts, Bitcoin’s price declined to $97,000. This downward movement triggered a broader sell-off across the cryptocurrency market, fostering a sentiment of uncertainty among investors. As the financial landscape evolves, traders are left to navigate shifting dynamics and assess how external factors impact digital asset values, particularly Bitcoin’s performance in these turbulent times.
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