Bitcoin fell to 98,046 USD, its first drop below 100,000 USD during Trump’s presidency, influenced by competition from the DeepSeek AI application and cautious investor sentiment ahead of the Federal Reserve’s upcoming interest rate decision.
Investors faced total liquidations of approximately 864 million USD, driven by uncertainty in monetary policy. Despite this, some analysts suggest a bullish trend could emerge as favorable conditions around the Lunar New Year may support Bitcoin.
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