US stock market losses impact crypto assets: The recent plunge in the US stock market wiped out 1.50 trillion USD, severely impacting Bitcoin (BTC) prices, which fell from 104,000 USD to 101,000 USD after hitting an all-time HIGH of 108,000 USD.
Optimism remains for Bitcoin’s future: Despite current market panic, many analysts believe that Bitcoin may reach 200,000 USD next year, supported by favorable economic policies and potential interest rate cuts that could invigorate investment in cryptocurrencies.
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