Bitcoin Price Prediction: BTC crashes to 103,895 USD as Binance enters Syria and BlackRock eyes crypto crown

Bitcoin (BTC) price experienced a significant drop to 103,895 USD, representing a 4% decrease in just 24 hours. This decline broke critical support levels, indicating a bearish sentiment in the market.

Binance’s official entry into Syria, coinciding with lifted sanctions, aims to enhance access to cryptocurrencies. This expansion is expected to increase demand for BTC in the region.

BlackRock, targeting to become the largest crypto asset manager by 2030, reflects growing institutional interest in cryptocurrency. This development may further influence market dynamics.

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