Bitcoin (BTC) has faced its first seven-day drop in eight weeks. This decline stems from hawkish signals from the US Federal Reserve, prompting many traders to sell the cryptocurrency. Despite this setback, Bitcoin has more than doubled in value this year, making it a focal point for both traders and investors. Friday marked a significant fluctuation as Bitcoin experienced a drop of up to 5.3%, landing at $92,149 after reaching an unprecedented high of over $108,000 earlier in the week. Market analysts are now actively discussing whether this dip represents the bottom or if further declines are on the horizon. Keep an eye on the ongoing trends in cryptocurrency, as Bitcoin remains a volatile yet captivating asset.