Bitcoin’s price has fallen below the $90,000 mark, trading at $93,266.00, marking the first time it has dipped below this milestone in seven months. This decline reflects a cautious sentiment among investors regarding the outlook for Federal Reserve policy. As uncertainty about potential rate cuts looms, market participants are adopting a risk-off approach, leading to a reevaluation of their investment strategies. The shift in sentiment comes amid broader concerns about monetary policy direction, which has historically influenced cryptocurrency prices. Investors are closely monitoring developments related to interest rates and their potential impact on market dynamics.
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