Bitcoin experienced a drop, hitting below 100,000 USD amidst a market downturn influenced by rising competition from DeepSeek. BTC/USD fell by 4%, leading many traders to predict potential support levels around 90,000 USD.
Despite the downturn, traders maintain confidence in the mid-term price trajectory. With the Federal Reserve’s interest rate decision imminent, market participants remain cautious, especially with indicators suggesting potential volatility ahead.
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