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The crypto market experienced a sharp decline as Bitcoin fell below $103,200, triggering widespread sell-offs and liquidations. Uncertainty surrounding the Federal Reserve's interest rate decision, coupled with broader economic conditions and bearish technical trends, contributed to the overall downturn.
Bitcoin achieved an impressive 120% growth in 2024 despite December’s minor dip. Heading into 2025, stakeholders are cautiously optimistic about whether this momentum will continue, with broader crypto trends and economic factors also playing a pivotal role.
Bitcoin’s price plummeted to $95,000 over the holiday season amidst lower market volumes and a bearish macroeconomic outlook, leaving investors pondering its next big move.
Bitcoin faced an unexpected value decline over the holiday season, showcasing the persistent volatility of the cryptocurrency market.
