Bitcoin Price Declines While Altcoin Investors Assess Market Trends

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Coin-Turk 10 months ago 270

Bitcoin (BTC ($86,911.00)) $91,468 price experienced a significant drop to $93,000 within the last 24 hours, alongside altcoins reaching new lows. Since the last Federal Reserve meeting, the situation has not been favorable for cryptocurrency investors. The excitement from the election victory has faded, and Powell’s statements have introduced a prevailing fear in the markets. What is Capo, who predicted nearly every dip in 2022, saying now?

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The price of Bitcoin fell to $93,000 after reaching a new all-time high, while altcoins saw substantial losses following a peak of $108,000. Altcoin investors are closely monitoring the ETH ($2,914.22) price, which has dropped to nearly $1,000 from its previous high of $4,100. The popular cryptocurrency analyst Capo has addressed the current situation.



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