Few people predicted that the dominant cryptocurrency would plunge as low as $94,525.06 just weeks after reaching a new all-time high.
Market mayhem has sent Bitcoin tumbling to the $94K range. Several factors have contributed to this sudden drop, including fears surrounding soaring AI valuations, uncertainty about the direction of interest rates, and ongoing drama following a 43-day government shutdown.
All of these elements have converged to create significant volatility in the cryptocurrency market, leaving investors cautious about what lies ahead.
https://news.bitcoin.com/a-perfect-storm-has-sent-bitcoin-nosediving/