Bitcoin's Market Movements

Bitcoin (BTC) has seen considerable volatility. After a sharp decline to just under $80,000 due to concerns over President Trump's tariff policies, BTC briefly rebounded to over $87,000 following the Federal Reserve's meeting. The Fed's decision to slow down quantitative tightening cheered traders, potentially increasing liquidity and benefiting risk assets like cryptocurrencies. However, technical assessments suggest Bitcoin could fall towards $70,000 before any potential rally. ​