Bitcoin Falls to $92,500 Amid Federal Reserve Policies and $631 Million Liquidations Impacting the Cryptocurrency Market
Bitcoin’s price fell to $92,500 on January 7 after hitting over $100,000 earlier in the day. This drop is linked to concerns about the Federal Reserve’s tightening policies and strong U.S. economic data, leading to over $631 million in liquidations of leveraged positions in just 24 hours. Analysts suggest that Market volatility could continue, with ...
