Bitcoin Plummets to Lowest Point Since November Amid Market Selloff

Reported about 21 hours ago

Bitcoin has fallen to its lowest level since November, dropping 4.4% to $90,199 as investors moved away from risk assets following rising bond yields. This downturn is compounded by strong US jobs data, leading to reduced expectations for Federal Reserve interest rate cuts. Analysts warn that if bearish trends continue, Bitcoin could drop further, potentially reaching around $88,000.

Source: YAHOO

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