Bitcoin tumbled below $92,000 as profit-taking intensified, with Ethereum and other cryptocurrencies also experiencing declines amidst cautious market sentiment.

Bitcoin faced a downturn, slipping below $92,000 amid profit-taking and concerns over the Federal Reserve's reduced rate cut projections for 2025. Ethereum and other major cryptocurrencies also declined, with notable losses in XRP, Chainlink, and Dogecoin. While retail investors appeared cautious, institutional buyers showed confidence, bolstering market sentiment despite volatility. The potential for further declines remains if key support levels fail to hold.