Bitcoin dropped to around $87,000 after a sharp 5% decline triggered by rising bond yields and a global risk-off wave. The fall intensified when Federal Reserve Chair Jerome Powell warned that inflation remains “not fully controlled,” shaking investor confidence across crypto and traditional markets.
Experts recommend avoiding large trades, keeping positions small, and waiting for Bitcoin to regain stable support levels. With Powell’s comments increasing market uncertainty, analysts expect more volatility before any clear recovery.
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